Town Electrification Investment Program, Tranche 1 (Addtional Financing) (ADB-41504-026)

Countries
  • Papua New Guinea
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 9, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Papua New Guinea
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 4.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 5.20 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 8, 2020

Disclosed by Bank Dec 23, 2015

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The additional financing is integral to implementation of Tranche 1 subprojects; complementarity would be lost if deferred to Tranche 2. The proposed grant will be administered by ADB as part of the overall project implementation. The existing TEIP Tranche 1 Project Management Unit (PMU) will be responsible for project implementation. The proposed additional financing will include (i) extension of the three distribution grids, and (ii) rehabilitation of the Lake Hargy Hydropower Plant. The distribution grid extension will connect an additional 2,500 households in three provinces (i) West New Britain (1,200 households), (ii) Northern Province (700 households), and (iii) Autonomous Region of Bougainville (600 households). Rehabilitation of the Lake Hargy Hydropower Plant will include minor refurbishment of the power plant control systems and mechanical equipment to increase generation capacity from 600kW to 1,500 kW in order increase generation capacity to supply the proposed additional connections. The proposed additional financing will therefore expand the social and economic benefit of TEIP Tranche 1 and scale up the project benefits in new geographical areas to additional beneficiaries.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Initial funding for this project comes from a loan financing of $120 million from the Asian Development Fund and Ordinary Capital Resources, as well as from $30 million from the Government of Papua New Guinea. The additional funding for this project comes from a grant from the Government of New Zealand not exceeding $5 million.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Executing Agency:
Energy Div of the Dept of Petroleum and Energy
P.O. Box 494
Waigani, NCD
Papua New Guinea

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at:
http://www.adb.org/site/accountability-mechanism/main

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How it works