Bangladesh Power System Enhancement and Efficiency Improvement Project (ADB-49423-004)

Countries
  • Bangladesh
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
Mar 9, 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.
Borrower
Government of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Energy
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)
$ 0.22 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 8, 2017

Disclosed by Bank Sep 21, 2016


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Project Description
The Government of Bangladesh has requested ADB lending assistance of about $400 million in 2016 to finance the government's investment plan for transmission and distribution to be taken up by the Power Grid Company of Bangladesh Limited (PGCB), the Bangladesh Rural Electrification Board (BREB), the Dhaka Power Distribution Company Limited (DPDC), and the Dhaka Electric Supply Company Limited (DESCO).
Investment Description
  • Asian Development Bank (ADB)
TA 9083-BAN: Bangladesh Power System Enhancement and Efficiency Improvement Project Technical Assistance Special Fund US$ 225,000.00
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 George, Len V. Responsible ADB Department South Asia Department Responsible ADB Division Energy Division, SARD Executing Agencies Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550, Philippines Ministry of Power, Energy and Mineral Resources WAPDA Building Motijheel Commercial Area, Dhaka-1000 Bangladesh