According to the bank website, "The Asian Development Bank (ADB) has financed HVDS projects in India for reliable supply to rural customers through conventional project loan or program loan approach. Maharashtra State Electricity Distribution Company Limited (MSEDCL) and Government of Maharashtra (GOM) have requested the result-based lending (RBL) approach. The RBL is suitable for the following reasons (i) it uses MSEDCL's systems that contribute to institutional strengthening beyond the RBL; (ii) strong government interest and ownership of the rural electrification program; (iii) it would help lower transaction costs for over 600 small-scale contracts during implementation; and (iv) the focus on results and the government's willingness to link disbursements to results."
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Responsible ADB Officer: George, Len V.
Responsible ADB Department: South Asia Department
Responsible ADB Division: Energy Division, SARD
Energy Department, Government of Maharashtra
Prakashgad (MSEB) Building
Plot No. G-9, Bandra (E) Mumbai - 400051
Maharashtra State Electricity Distribution Company Limited
Plot No. G-9, Prakashgad, Bandra (E),
Mumbai - 400051
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