Off-Grid Renewable Energy Demonstration Project (ADB-47128-001)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Specific Location
Regions of Mandalay, Sagaing and Magway; and Chin, Kayah and Rakhine states.
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
U
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
May 23, 2014
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 oof the Union of Myanmar, Ministry of Livestock, Fisheries, and Rural Development
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)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 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 Mar 27, 2019

Disclosed by Bank Mar 21, 2017


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Project Description

According to ADB website, the TA aims to support the creation of rural infrastructure, including energy access projects and will have as its main objectives: (i) to support the installation of clean energy-based systems for providing energy access (mostly solar PV and biomass-based systems) to schools and other public infrastructure in at least 25 villages, (ii) develop geospatial least cost energy access plans and an investment plan for select states and regions in the country, and (iii) to strengthen the capacity of the government institutions and the private sector to manufacture, install, operate and maintain small-scale clean energy systems.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Jung, Choon Sik
Southeast 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