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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2020-2022 | DEVELOPMENT INSTITUTION

Supporting Sustainable and Efficient Energy Policies and Investments in Indonesia (SSEEPI)

Project size LARGE

Indonesia

Under ADB TA 9777-INO from 2020 until 2022, Castlerock provided the Team Leader for the assignment and was responsible for overall delivery of the project. He provided technical inputs for the PBL component, particularly related to the presidential regulation on renewable energy, led the design and implementation of the solar park component, and prepared...

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2020 | DEVELOPMENT INSTITUTION

Sustainable Infrastructure Assistance Program Phase II – Innovative Infrastructure Financing, Infrastructure Planning, and Program Management Support – Strategic Planning Specialist

Project size SMALL

Indonesia

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2020 | DEVELOPMENT INSTITUTION

Sustainable Infrastructure Assistance Program Phase II – Supporting Sustainable and Universal Electricity Access Phase 2 – Climate Change and Carbon Market Specialist

Project size MEDIUM

Indonesia

Under ADB Sustainable Infrastructure Assistance Program Phase II – Castlerock, in 2020, supported PLN in assessing the impact of the future carbon caps and trade regime to its current operation. Under its scope of work, Castlerock conducted:  A review of the existing Indonesian policies and existing studies concerning GHG emission and carbon market that...

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2020-2023 | DEVELOPMENT INSTITUTION

KfW Independent Verification Agent for Sustainable Energy Access in Eastern Indonesia – Electricity Grid Development Program for Sulawesi and Nusa Tenggara

Project size LARGE

Sulawesi and Nusa Tenggara

KfW 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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2020 | GOVERNMENT & UTILITIES

PLN Sustainable Financing Framework

Project size SMALL

Indonesia

Against the backdrop of a major 2015 Indonesia rupiah devaluation, Castlerock developed a financial model to PLN with the following features and components and analyzed the impact of future exchange rate and macroeconomic scenarios on PLN’s financial condition.

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