Our Project Credentials

Since our establishment in 1996, we have conducted more than 100 assignments in Indonesia and throughout Asia, including high profile, multi-year assignments valued at over USD 8 million. The firm has served clients in a dozen countries throughout the Asia-Pacific region, including multilateral agencies, such as The World Bank and the Asian Development Bank (ADB), Bilateral agencies such as AFD, DFID,KfW and USAID, State-owned enterprises and Multinational corporations.

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2024 - 2027 | GOVERNMENT & UTILITIES

Independent Verification Agent under World Bank P-for-R Isle-1 Program

Project size LARGE

Maluku and Nusa Tenggara

Following short term engagement from World Bank to assist in program set-up, Castlerock is being engaged by PLN from 2024-2027 to act as Independent Verification for Maluku and NTT to verify PforR programs the investment in transmission and distribution network together with private IPP and PLN investment in solar pv and BESS to increase...

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2024 | GOVERNMENT & UTILITIES

PT SMI Technical Assistance Program – AFD

Project size LARGE

Jakarta

The role of this AFD technical assistance is to provide focused technical support to PT-SMI in the areas of determining PPP project eligibility for AFD funding, assessing candidate projects for EU investment premium, supporting improvement of environment and social safeguards management, delivering targeted capacity building and improving standards for EU technical assistance grants.

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2023 - 2024 | PRIVATE DEVELOPER

Supporting Formulation of Long and Medium Term Development Plan and Priority Investment for Energy Sector

Project size SMALL

Jakarta

Supporting Bappenas in ADB funded assignment covering (1) the evaluation of key energy-related directions, pillars, and indicators of existing Long Term National Development Plan (RPJPN) 2005-2025 (RPJPN05) and Medium Term National Development Plan (RPJMN) 2020-2024 (RPJMN20) and (2) the identification of energy sector related directions, pillars and indicators to inform the RPJPN25 and RPJMN25...

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2023 | PRIVATE DEVELOPER

Determining the Economic Value of the Matenggeng Pumped Storage Hydroelectric Power Project through Long-Term Dispatching Analysis

Project size SMALL

Jakarta

The objective of this assignment is to determine the economic value of the Matenggeng Pumped Storage project whether it is part of a least cost expansion plan for Java-Bali. Castlerock conducted data collection, development of assumptions and support to definition of modelling scenarios, review of modelling results as part of the consulting team.

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2023-2024 | DEVELOPMENT INSTITUTION

ADB Independent Verification Agent for RBL for Sustainable and Reliable Energy Access Program (SREAP) – Western and Central Java

Project size LARGE

DKI Jakarta, Banten, West Java,
Central Java and D.I Yogyakarta

ADB engaged Castlerock to serve as the Independent Verification Agent (IVA) for monitoring and evaluation of the grid strengthening projects carried out under Results-Based Lending (RBL) which is a performance-based form of financing, where disbursements are linked to the achievement of results. RBL disbursements are made on the basis of independent verification of performance...

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