Energy Supply Improvement Investment Program Tranche 2 (Formerly Multitranche Financing Facility II: (ADB-47282-004)

Countries
  • Afghanistan
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
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 5, 2016
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
  • Climate and Environment
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)
$ 415.00 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 Sep 12, 2017

Disclosed by Bank Mar 31, 2016


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Project Description
DESCRIPTION The project comprises construction of a 300-MW High Voltage Direct Current (HVDC) Back to Back Convertor Station at Pule Khumri, which will allow the imported Turkmen power to be synchronized with the national electrical grid of Afghanistan. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY The project will allow year round Turkmen power (300 MW) to be amalgamated and synchronized with indigenous power in Afghanistan. IMPACT Secured and stable energy supplies for Afghanistan aligned with the targets of National Energy Supply Program and National Infrastructure Development Plans of the Government of Afghanistan OUTCOME Sustainable grid power supply in north-east, south, and central Afghanistan
Investment Description
  • Asian Development Bank (ADB)
Grant 0521-AFG: Energy Supply Improvement Investment Program, Tranche 2 (formerly MFF II: Energy Development 2014-2023) Concessional ordinary capital resources / Asian Development Fund US$ 188.23 million Grant 0522-AFG: Energy Supply Improvement Investment Program, Tranche 2 (formerly MFF II: Energy Development 2014-2023) Afghanistan Infrastructure Trust Fund US$ 225.77 million Grant 0523-AFG: Energy Supply Improvement Investment Program, Tranche 2 (formerly MFF II: Energy Development 2014-2023) People's Republic of China Regional Cooperation and Poverty Reduction Fund US$ 1.00 million
Contact Information
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 CONTACTS Responsible ADB Officer Aleem, Asad Responsible ADB Department Central and West Asia Department Responsible ADB Division Energy Division, CWRD Executing Agencies Da Afghanistan Breshna Sherkat (DABS) Chaman Houzouri, Kabul, Islamic Republic of Afghanistan