Promoting Clean Energy Development in Bhutan (ADB-47275-001)

Countries
  • Bhutan
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
Active
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
Mar 31, 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
Department of Renewable Energy, Ministry of Economic Affairs
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Sep 19, 2017

Disclosed by Bank Mar 6, 2017


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Project Description
This technical assistance supports hydropower and other renewable energy resources. The project provides assistance in preparing investment projects, formulating policy that enables environmental development, and increasing institutional capacity for agencies implementing this agenda.
Investment Description
  • Asian Development Bank (ADB)
The financing for this project is as follows: ADB (Technical Assistance) Norwegian Grant w/ LoA: US$ 5.67 million
Contact Information
Department of Renewable Energy, Ministry of Economic Affairs Thimphu, Bhutan 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