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

Countries
  • 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
Approved
Bank Risk Rating
B
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.
Borrower
Republic of India, Andhra Pradesh Transmission and Distribution companies
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
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 Jun 29, 2020

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: hari.bhaskar@aiib.org

World Bank:
Mani Khurana
Task Team Leader/Senior Energy Specialist
Tel: +91 11 4924 7000
Email: mkhurana@worldbank.org

Borrower:
Bhaskar Dasgupta
Director, Multilateral Institutions Division
Depart of Economic Affairs, Ministry of Finance, Republic of India
Tel: +91 11 2309 2883
E-Mail: bhaskar.dasgupta@nic.in

Implementation Agencies:
B. Ramesh Prasad
Executive Director, World Bank Projects
AP EPDCL
Tel: +91 891 2582525
Email: apepdclpiu@gmail.com

T Vanaja
Executive Director, Projects
AP SPDCL
Tel: +91 94408 12366
apspdclpiu@gmail.com

J. Devanand
Chief Engineer, Construction
AP TRANSCO
Tel: +91 94408 11123
ce_construction_aptransco@yahoo.co.in

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint.  Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply.  You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.