Second Power Transmission Enhancement Investment Program (ADB-48078-002)

Countries
  • Pakistan
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
A
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
Aug 23, 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
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 800.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 9, 2017

Disclosed by Bank Aug 23, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The objective of the multitranche financing facility (MFF) is to improve Pakistan's power transmission infrastructure and management. To achieve this objective, the investment program includes: (i) staged physical investments in the transmission system to increase transmission capacity, improve efficiency and energy security, and evacuate additional sources of power; and (ii) nonphysical investments to support institutional efficiency, cost recovery, competition, transparency and good governance within the sector.
Investment Description
  • Asian Development Bank (ADB)
MFF Facility Concept 0092-PAK: MFF Second Power Transmission Enhancement Investment Program Ordinary capital resources US$ 800.00 million Concessional ordinary capital resources / Asian Development Fund US$ 10.00 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 Zhang, Lei Responsible ADB Department Central and West Asia Department Responsible ADB Division Energy Division, CWRD Executing Agencies National Transmission & Despatch Company Limited WAPDA House Shahrah-e-Quaid-e-Azam Lahore, Pakistan