Bangladesh: Dhaka and Western Zone Transmission Grid Expansion Project (AIIB-000272)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Specific Location
Dhaka
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
Proposed
Bank Risk Rating
A
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.
Borrower
Government of Bangladesh
The holder of the loan, grant, or other investment.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 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)
$ 750.00 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 Oct 30, 2019

Disclosed by Bank Aug 28, 2019


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Project Description

According to bank documents, "The objective of the proposed Project is to enhance the reliability and efficiency of power transmission in Dhaka and Western Zone of Bangladesh and strengthen institutional capacity of PGCB.

The proposed Project will include three components.
•Component 1: construction of substations with a total capacity of 4,450 megavolt-ampere (MVA)and transmission lines of 40 km in Greater Dhaka.
•Component 2: construction of substations with a total capacity of 2,990MVA and transmission lines of 368 km and20 bay extensions in Western Zone.
•Component 3: strengthening of institutional capacity of Power Grid Company of Bangladesh (PGCB).

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)

Co-financing:
ADB loan: USD 300 million
People’s Republic of China Poverty Reduction and Regional Cooperation Fund: USD0.75 million
Government of Bangladesh/PGCB: 249.25million

Contact Information

AIIB
Hongliang Yang
Senior Investment Operations Specialist
hyang@aiib.org

ADB
Aiming Zhou
Principal Energy Specialist
azhou@adb.org

Borrower
Bibi Karimun Nessa
Assistant Chief
suborna1@gmail.com

PGCB
Pranab Kumar Roy
Chief Engineer of Planning and Development
manmis.pgcb@gmail.com