Himachal Pradesh Clean Energy Transmission Investment Program - Tranche 3 (ADB-43464-027)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Himachal Pradesh
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 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
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
Nov 6, 2018
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 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)
$ 105.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 105.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Nov 7, 2018


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Project Description

According to the bank website, "the proposed tranche 3 for $105 million will fund (1) physical investments in transmission infrastructure, including high-voltage lines and transmission substations; and (2) investments in upgrading the enterprise resource planning (ERP) system and related components. The government submitted a periodic financing request on 24 November 2017 outlining the tranche subprojects as well as techno-economic assessment and environmental and social safeguards review and analysis."

 

Investment Description
  • Asian Development Bank (ADB)
Private Actors
Contact Information

Responsible ADB Officer Shiihara, Takeshi
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies Himachal Pradesh Power Transmission Corporation Limited
MD.HPPTCL@GMAIL.COM
Barowalia House, Khalini, Shimla 171002, Himachal Pradesh, India 

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