Promoting Public-Private Partnership in Madhya Pradesh Road Sector Project (ADB-51375-001)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Madhya Pradesh
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
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.
Borrower
Government of India, Madhya Pradesh Road Development Corporation Ltd.
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 490.00 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)
$ 490.00 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 Jan 17, 2019

Disclosed by Bank Oct 1, 2018


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Project Description

According to the bank website, "the proposed project is designed to improve transport connectivity in Madhya Pradesh by rehabilitating and upgrading about 2,200 kilometers of state highways and major district roads. It will involve upgrading newly declared state highways to two-lane width, and single-lane major district roads to intermediate lanes. The project will be implemented under the hybrid annuity model (HAM), which is a form of public-private partnership."

 

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

Responsible ADB Officer Yeo, Kai Wei
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Government of Madhya Pradesh
Madhya Pradesh Road Devt Corporation
16-A, Arera Hills
Bhopal - 462 011, India
Madhya Pradesh Road Development Corporation Ltd.
45-A Arera Hills, Bhopal, 462011 Madhya Pradesh, India 

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