Harmonizing the Greater Mekong Subregion Power Systems to Facilitate Regional Power Trade (ADB-47129-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Specific Location
Nation-wide
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
Active
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 16, 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.
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)
$ 1.00 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)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 25, 2019

Disclosed by Bank Mar 27, 2017


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Project Description

According to the bank document, this regional technical assistance (RETA) is designed to support the continuous work of the Regional Power Trade Coordination Committee, the Working Group on Performance Standard and Grid Code, the Working Group on Regulatory Issues, and eventually the Regional Power Coordination Center in laying the essential building blocks to facilitate GMS regional power trade. Through these institutions, much more will be done by the GMS members themselves in developing a full-fledged GMS power market where all countries can realize and share the full benefits of synchronous operations. Interventions include harmonizing performance standards and grid codes dictating the technical rules for the coordinated planning and operation of the regional electricity market; and harmonizing regulatory framework, pricing, legal framework for a third party access to the grid and wheeling obligations_all towards a unified, fair and transparent regional electricity market.

To realize and share the full benefits of synchronous operations, the establishment of the RPCC will tangibly demonstrate members' ownership and leadership of the regional power trade and market development process.

 

 

Investment Description
  • Asian Development Bank (ADB)

Cofinancing US$ 2.00 million

Contact Information

Responsible ADB Officer Bui, Duy-Thanh

Responsible ADB Department Southeast Asia Department

Responsible ADB Division Energy Division, SERD

Executing Agencies

Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

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