India: Andhra Pradesh 24x7 - Power For All (AIIB-000009)

  • India
Where the impacts of the investment may be experienced.
Specific Location
Andhra Pradesh, Anantapur, Kurnool
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 2, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Republic of India, Andhra Pradesh Transmission and Distribution companies
The holder of the loan, grant, or other investment.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 160.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 571.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Nov 14, 2017

Disclosed by Bank May 2, 2017

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Project Description
The project has four components: power transmission system strengthening, smart grid development in urban areas, rural distribution system strengthening, and technical assistance for institutional development and capacity building. Specifically, the project constructs a high voltage distribution system and adds to the 33 kV and lower voltage systems in rural areas, invests in smart grids and underground cables, SCADA distribution, automated sub-stations, and adds to 33 kV and 11 kV lines, upgrades and adds to 220 kV, 132 kV, 66 kV, and 33kV lines, improves ICT systems and business and administrative processes, provide transitional financing, and give technical assistance and training to help the State power distribution sector.
Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
The total project cost is $571 USD million. The estimated AIIB investment is $160 USD million.
Contact Information
AIIB: Hari Bhaskar Project Team Leader/Senior Investment Operations Specialist Tel: +86 10 8358 0167 E-Mail: World Bank: Mani Khurana Task Team Leader/Senior Energy Specialist Tel: +91 11 4924 7000 Email: Borrower: Bhaskar Dasgupta Director, Multilateral Institutions Division Depart of Economic Affairs, Ministry of Finance, Republic of India Tel: +91 11 2309 2883 E-Mail: Implementation Agencies: B. Ramesh Prasad Executive Director, World Bank Projects AP EPDCL Tel: +91 891 2582525 Email: T Vanaja Executive Director, Projects AP SPDCL Tel: +91 94408 12366 J. Devanand Chief Engineer, Construction AP TRANSCO Tel: +91 94408 11123 ACCOUNTABILITY MECHANISM OF AIIB In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.