According to the bank's website, "The project aims to strengthen the State of Assam's electricity transmission system by way of constructing new transmission sub-stations and laying new transmission lines with the associated infrastructure upgradation of existing substations and associated transmission lines, and existing ground wire to optical power ground wire (OPGW). The project will comprise three components:
Component One: Construction of about 24 new extra high voltage grid substations (400 kV, 220 kV and 132 kV) along with the associated transmission lines
Component Two: Upgradation of about 14 existing substations and associated transmission lines and existing ground wire to OPGW.
Component Three: Technical Assistance including engaging consulting services to strengthen project management during project implementation, organizing trainings and workshops on project implementation and the procurement of new testing tools to improve the capacity of the Implementing Agency and setting up Enterprise Resource Planning (ERP)."
Government of Assam US$ 103 million
Investment Operations Specialist
Prasanna V. Salian
Department of Economic Affairs
Ministry of Finance
Republic of India
General Manager – Projects
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.