Qinghai Delingha Concentrated Solar Thermal Power Project (ADB-46058-002)

Countries
  • China
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
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
Dec 2, 2013
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
People's Republic of China, China General Nuclear Power Corporation
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)
$ 225.58 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)
$ 225.58 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)
$ 322.26 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 15, 2020

Disclosed by Bank Mar 10, 2017


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Project Description

According to ADB website, ADB is helping the People’s Republic of China construct a 50-megawatt concentrating solar thermal power (CSP) plant in Qinghai province. It will be the first utlity-scale CSP plant in the country. The project will also include capacity development and training in CSP construction, operation, and management. The power plant is expected to generate 199 gigawatt-hours of electricity annually.

Investment Description
  • Asian Development Bank (ADB)

Loan from ADB (Loan 3075-PRC) from Ordinary capital resources amounting to US$ 150.00 million.

Loan from The Export-Import Bank of China amounting to US$ 75.58 million.

Contact Information

Project Officer: Yamamura, Shigeru
East Asia Department
No contact information provided at the time of disclosure.

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