We are AsiaBIOGAS Vietnam. These are what we do:I. AsiaBIOGAS Vietnam’s Business Model:AsiaBIOGAS Vietnam is first and foremost an alternative energy provider as a developer and operator of industrial organic waste to energy systems. The Company’s biogas energy systems can be used in a number of applications including:
- Replacement of liquid fuels [HFO, Diesel]
- Replacement of Biomass [husks, bagasse]
- Electricity Generation [kWh]
- Steam Generation
- Thermal Energy Generation
The Company’s primary form of business relationship with its clients is the Build-Own-Operate-Transfer structure (also known as BOOT or BOT). In the BOOT funding model, AsiaBIOGAS VN designs, builds, funds, owns and operates the biogas energy plant. The client only needs to provide the wastewater and on site space for the biogas plant. The AsiaBIOGAS VN’s BIOGAS plant will sell biogas and/or electricity to the client at a significant discount (up to 20%) to prevailing market rates. At the end of the BOOT contract period (typically 7-15 years), AsiaBIOGAS VN will transfer the plant ownership to the client for a nominal price.
In select situations, AsiaBIOGAS VN will construct Turnkey projects for clients where the Company will design, engineer and build the facility and the client will be responsible to pay for and operate the plant. AsiaBIOGAS VN has extensive experience in developing Turnkey projects for clients with many built and several in progress.
1.1. Build-Own-Operate-Transfer Model (BOOT)There are many advantages for the client in the BOOT model, beginning with AsiaBIOGAS VN’ experience and expertise in developing and operating biogas plants. For the client, a BOOT plant is essentially 100% off balance sheet financing. The client never pays any of the capital costs to develop the project nor does it make any lease or purchase payments. The only requisite payments are for the energy delivered at the discounted rate. The biogas operation demands none of the client’s time or attention; AsiaBIOGAS VN handles all operations, maintenance and staffing, including all related costs.
A key aspect of the BOOT model is the single provider/single customer nature of the relationship. AsiaBIOGAS VN will be the primary energy provider and the client will be the lone customer. Thus it is important that both parties are well established and financially secure. The client needs to have confidence that AsiaBIOGAS VN can and will deliver a consistent, uninterrupted energy supply and AsiaBIOGAS VN needs to have confidence that the client will continue operations, supplying wastewater to the biogas plant and purchasing the energy produced.
As the long term owner and operator, AsiaBIOGAS VN uses the highest quality building materials and equipment including Caterpillar and Jenbacher electrical generators, Weishaupt burners, Emersen sensors and meters, and ABB and Omron controls. Such superior equipment is essential to achieving maximum energy output, operating efficiency and minimal downtime. The costs of these advanced components do not affect the discounted rate paid by the client for energy.
Responsibilities of the Parties
AsiaBIOGAS VN will provide at no charge to client:
- Design
- Engineering
- Construction & Construction Management
- Plant Operations & Management
- 100% total cost of biogas energy plant
Client will provide:
- Minimum Annual Volume [in cubic meters] and average carbon composition [as measured in CODt mg/l] process waste water
- Dedicated site of land for the construction of the biogas plant - for an minimal annual lease cost
- Financial Arrangements
- AsiaBIOGAS VN will provide 100% of the development & construction costs
- Client will pay only for energy delivered with no payment due until the first delivery of biogas or electricity
- Client will pay for energy at a significant discount to the prevailing local market prices of fuel oil [for the energy equivalent amount of biogas] and electricity
- At the completion of the contract period (typically 7-15 years) AsiaBIOGAS VN will transfer the plant assets to the client for a nominal price
|