Bangladesh: Ultra-High Voltage Transmission Line Madunaghat-Bhulta and Reliable Electricity Access (AIIB-000325)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Specific Location
Chittagong and 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
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
Jan 1, 2021
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
Government of Bangladesh
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)
$ 470.00 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)
$ 734.00 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


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Project Description

According to bank documents, "The project aims to build an ultra-high voltage transmission corridor between the major economic centers of Chittagong and Dhaka. Scope of works of the project includes construction of “Madunaghat-Bhulta” 765-kilovolt (kV) double circuit line and the related extension of substations. The use of ultra-high voltage line will (a) help avoid building more transmission lines, thus saving valuable land and minimizing negative social impacts on a densely populated area; (b) allow the transmission of high volumes of electricity for the needs of a rapidly developing economy and (c) improve reliability and decrease system losses."

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
Contact Information

AIIB
Igor Popkov
Private Sector Operations Specialist
igor.popkov@aiib.org

Borrower
Bibi Karimun Nessa
Assistant Chief
suborna1@gmail.com

Implementation Organization
Pranab Kumar Roy
Executive Director, Operation & Maintenance
manmis.pgcb@gmail.com