Access to Clean Energy Investment Project (ADB-49056-001)

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
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
Dec 15, 2015
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
  • Energy
  • Hydropower
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)
$ 1.50 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 Aug 9, 2017

Disclosed by Bank Sep 21, 2016


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Project Description
DESCRIPTION The project preparatory technical assistance (PPTA) will undertake necessary due diligence to prepare the project and assist the pre-implementation works (see Appendix 4). The PPTA is estimated to cost $1.8 million, of which $1.5 million will be financed on a grant basis using ADB's Technical Assistance Special Fund (TASF-V). The PPTA will employ (i) an international consulting firm to conduct the feasibility study, technical, financial and economic due diligence, prepare bidding documents and functional technical specifications, prepare a hydro power development plan for Khyber Phaktunkhwa (KPK), scoping for investment project, and conduct sector assessment; and (ii) individual experts to assist in evaluating bids, conduct due diligence required for results-based lending, scoping for introduction of technical education on maintenance and operations of micro-hydropower plants, and other required services are summarized in Table A3.3. For hiring firm, quality- and cost-based selection method (90:10) will be used with full technical proposal. Pakhtunkhwa Electricity Development Organization in KPK and Office of the Secretary, Energy Department in Punjab will be the executing agencies for the project. Each executing agency will establish project management units at each of their offices. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY 1. The project preparatory technical assistance (PPTA) is necessary on the following grounds: (i) The investment project is urgently needed in Pakistan. (ii) While the government has a plan to invest in the project, there is a need to conduct a detailed due diligence and pre-feasibility to process the investment project and loan. (iii) Executing agency's lack of capacity and resources to conduct the required due diligence. (iv) Expertise of competent international and national consultants is needed to prepare the project considering its technical complexity and scale. CONSULTING SERVICES The PPTA has engaged (i) an international consulting firm to conduct the feasibility study, technical, financial and economic due diligence, prepare bidding documents and functional technical specifications, prepare a hydro power development plan for Khyber Phaktunkhwa (KPK), scoping for investment project, and conduct sector assessment; and (ii) individual experts to assist in evaluating bids, conduct due diligence required for results-based lending, scoping for introduction of technical education on maintenance and operations of micro-hydropower plants, and other required services.
Investment Description
  • Asian Development Bank (ADB)
TA 9047-PAK: Access to Clean Energy Investment Project Technical Assistance Special Fund US$ 1.50 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 Tareen, Adnan Responsible ADB Department Central and West Asia Department Responsible ADB Division Energy Division, CWRD Executing Agencies Energy Department, Government of Punjab 8th Floor, EFU House, 6D_Main Gulberg, Jail Road, Lahore, Pakistan Pakhtunkhwa Energy Development Organization Plot # 38, Sect B-2, Phase-5, Hayatabad, Peshawar