The project objective is to increase access to electricity and reduce distribution system losses in the western and far-western regions of Nepal.
According to AIIB documents, this project has the following components:
Component 1: Construction of new 33/11kV substations, related lines, and facilities.
This component will comprise activities relating to the construction of new substations and related lines, including, but not limited to: construction of new 33/11 kV substations; 33 kV supply lines; 11 kV feeders; installation of distribution transformers; placement of LV capacitor banks and regulators where needed; and connecting new consumers.
Component 2: Upgrading and rehabilitation of existing 33/11kV substations, related lines, and facilities
Component 3: Construction of new integrated compact substations, related lines and facilities, where needed
Component 4: Capacity Building, Project Implementation Support, and Technical Assistance
The funding for this project is:
AIIB - 100 million USD
NEA - 7 million USD
Asian Infrastructure Investment Bank (AIIB)
Project Team Leader / Investment Operations Specialist- Energy
Tel: +86 10 8358 0277
Yug Raj Pandey
Under Secretary, Ministry of Finance, Government of Nepal
Tel: +977 1 421 1372
Vijay Kumar Chaudhary
Deputy Manager, Distribution and Consumer Services, Nepal Electricity Authority
Tel: +977 1 415 3253
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.