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.
Indonesia
Against the backdrop of a major 2015 Indonesia rupiah devaluation, Castlerock developed a financial model of 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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Sulawesi, NTB, NTT, Kalimantan, Maluku, Papua
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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Indonesia
Menuju Transisi Energi Rendah (MENTARI) represents a UK-Indonesia Low Carbon Energy Partnership. By working closely with the Government of Indonesia (GOI) and other stakeholders to improve the enabling environment and drive investment, MENTARI aims to demonstrate the possibilities of low carbon energy for Indonesia’s economic development, job creation and social inclusion, while helping to...
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Indonesia
The Ministry of Finance (MoF) planned to accelerate renewable energy (RE) development, particularly geothermal power. This study reviewed various incentives that could be administered by MoF to support RE development and developed an RE subsidy framework to close the gap between the costs of renewable power and conventional power generation, taking into account the...
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