Toktogul Rehabilitation Phase 2 Project (ADB-46348-003)

Countries
  • Kyrgyzstan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Toktogul
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Jul 3, 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 Kyrgyzstan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 210.00 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.
Loan Amount (USD)
$ 165.50 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.
Grant Amount (USD)
$ 44.50 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 2, 2020

Disclosed by Bank Sep 30, 2016

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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.

According to ADB website, ADB is helping the Kyrgyz Republic upgrade its largest power plant, Toktogul. This will involve replacing two of the four existing generator and turbine units and associated equipment at the hydroelectric plant. The project will also improve finances, governance, and management of the power sector. This project is associated with a closed ADB project: Toktogul Rehabilitation Project Phase 2 (ADB-46348-001).

The project will (i) continue the phased rehabilitation of Toktogul hydroelectric power plant (HPP) by replacing two of the four existing generator and turbine units and associated auxiliary equipment; (ii) implement a business process improvement project for the main generation company, open joint-stock company Electric Power Plants (EPP); (iii) prepare an asset inventory and revaluation for the seven power companies, and Bishkekteploset (heat and hot water distribution company); and (iv) prepare a power sector master plan to include a due diligence study for the rehabilitation of Uch Kurgan HPP. The project will increase domestic energy supply and international electricity trade, improve asset management and sector planning, and strengthen sector operational performance.

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

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.

Project Officer: Hasnie, Sohail
Central and West Asia Department, ADB
No contact information provided at the time of disclosure.

Executing Agencies:
1. OJSC Electric Power Plants
Office Address: 326 Jibek Jolu Prospect,Bishkek
No contact information provided at the time of disclosure.

2. State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic
Email Address: GEOAGENCYKG@GMAIL.COM
Office Address: Erkindik Avenue, 2 Bishkek, 720740

3. State Property Fund
Email Address: BAKYT1416@MAIL.RU
Office Address: 151, Moskovskya Street, Bishkek,

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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