South Asia Subregional Economic Cooperation Power Transmission and Distribution System Strengthening (ADB-50059-003)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Specific Location
Teku, Koteshwor,Thapathali
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Proposed
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.
Borrower
Government of Nepal
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)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 200.00 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 Oct 22, 2019

Disclosed by Bank Oct 5, 2019


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Project Description

According to the bank website, "The Asian Development Bank (ADB) will provide a loan to the Government of Nepal (the government) to (a) upgrade 220/132 kilovolt (kV) substations to 400/220/132 kV substations to enable electricity generated from independent power producer (IPPs) plants in the Khimti hydropower corridor to be exported to India; (b) construction of three 132/11 kV substations in Teku, Koteshwor, and Thapathali which will increase supply capacity into the Kathmandu Valley; (c) modernizing and reinforcing four distribution centers around Kathmandu Valley to be able to meet increasing domestic demand for electricity; and (d) construction of 33 kV, 11 kV, and 0.4 kV lines and substations to facilitate connection of approximately 150,000 new customers in Nepal's Province 2 in the country's southeast region The proposed project complements the efforts of Millennium Challenge Corporation (MCC) to strengthen parts of Nepal's high-voltage transmission network and complete Nepal's portion of the second cross-border transmission line with India for increasing electricity trade."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Jiwan S. Acharya
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies
Nepal Electricity Authority (NEA)
P. O. Box 5352, Kathmandu, Nepal

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