Power Transmission Investment Program - Tranche 3 (ADB-42039-036)

Countries
  • Vietnam
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
Active
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.
Voting Date
Dec 18, 2015
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
National Power Transmission Corporation - Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • 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)
$ 231.31 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported
Converted using 2015-12-18 exchange rate.
Project Cost (USD)
$ 307.69 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported
Converted using 2015-12-18 exchange rate.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 10, 2017


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Project Description
This project provides large-scale funding with the intention of upgrading Vietnam's energy capacity through expanding and improving power lines and the associated infrastructure. 1495 people are directly negatively affected by the construction. Specifically, the project intends to upgrade 500 kilovolt and 220 kilovolt transmission lines and improving the operational effectiveness and efficiency of the National Power Transmission Corporation.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
National Power Transmission Corporation TUONGDP@NPT.EVN.VN 18 Tran Nguyen Han Street, Hoan Kiem District, Hanoi-Vietnam Ha No 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