B.Grimm Viet Nam Solar Power Project (Dau Tieng Project) (ADB-54013-001)

  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Dau Tieng
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 10, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Dau Tieng Tay Ninh Energy Joint Stock Company
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 160.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 12, 2022

Disclosed by Bank Jun 14, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, the project "will be some of Viet Nam's first independent power producer (IPP) renewable energy projects. Less than 1% of Viet Nam's electricity capacity comes from wind and solar energy and rapid scaling up of Viet Nam's solar capacity will demonstrate to the Government of Viet Nam that variable renewable energy capacity can help to meet the country's rapidly growing demand for energy."

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
<table> <tbody> <tr> <td>4075</td> <td>Loan</td> <td>Ordinary capital resources</td> <td align="right">USD 24.50 million</td> <td>Committed</td> </tr> <tr> <td>8400</td> <td>Loan</td> <td>Leading Asia's Private Infrastructure Fund (LEAP)</td> <td align="right">USD 8.00 million</td> <td>Committed</td> </tr> <tr> <td>CF100</td> <td>B-Loan</td> <td>Other</td> <td align="right">USD 128.00 million</td> <td>Committed</td> </tr> </tbody> </table>

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Nath, Kiron
Private Sector Operations Department
Portfolio Management Division, PSOD



You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals


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.

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