India: Assam Electricity Distribution System Enhancement Project (AIIB-000315)

Countries
  • India
Where the impacts of the investment may be experienced.
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
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.
Borrower
Government of India
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)
$ 386.00 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)
$ 482.00 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


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Project Description

According to the bank's website, "The project aims to strengthen Assam's electricity distribution system, comprising networks at 33Kilo-Volts (KV) level and below, by a) constructing new 33/11KV substations at important load centers, b) laying of new 33KV and 11KV overhead distribution lines, and c) installation of new High Voltage Distribution System (HVDS) at select locations to improve reliability and to reduce the distribution losses. The project will comprise three components:

Component One: Construction of approximately 196 nos. of 33/11KV substations with the associated 33KV and 11KV distribution lines.

Component Two: Construction of approximately 1,100 HVDS to replace the existing low voltage network.

Component Three: Technical Assistance including the hiring of Project Management Consultants during project preparation and implementation and other measures to improve the capacity of the Implementing Agency."

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)

Co-financing:
Government of Assam US$ 96 million

Private Actors
Contact Information

AIIB
Hari Bhaskar
Senior Investment Operations Specialist
hari.bhaskar@aiib.org

Borrower
Prasanna V. Salian
Deputy Secretary, Department of Economic Affairs
Ministry of Finance
pv.salian@nic.in

Implementing Agency
Deepak Sarmah
Chief Project Manager and Director - PMU
apdcl.piu.aiib@gmail.com


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.