Southwest Transmission Grid Expansion Project (ADB-51137-001)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
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
Approved
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
Jul 31, 2018
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; Power Grid Company of Bangladesh, Ltd. (PGCB)
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, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 357.50 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)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 7.50 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 Jan 7, 2019

Disclosed by Bank Aug 28, 2018


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Project Description

According to ADB website, the project will improve the operational performance of the power sector and contribute to the Government of Bangladesh's target to achieve electricity for all by 2021 through (i) constructing (a) a 400/132-kilovolt (kV) substation at Gopalganj; (b) a 230 kV transmission line in the southern zone, from Barisal to Faridpur; and (c) a 400 kV transmission line in the western zone, from Bogra to Rohanpur; and (ii) implementing a capacity development program in the electric utility industry to promote socially and gender inclusive growth.

Investment Description
  • Asian Development Bank (ADB)
Private Actors
Contact Information

Power Grid Company of Bangladesh, Ltd. (PGCB)
Email Address: PGCB@CITECHCO.NET
Office Address: IEB Bhaban (4th Floor) Ramna,Dhaka, Bangladesh

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