As stated by the ADB, the project consists of a 100 MW grid-connected solar photovoltaic power plant in Pabna, located about 245 kilometers west of Dhaka. The project site comprises 400 acres of land.
Bangladesh's renewable energy target aims to increase its renewable energy share to 40% of total energy by 2041. The project will establish a bankable precedent that can help catalyze further private sector participation in Bangladesh's renewable energy sector.
The ADB categorized the E&S risks of the project as follows:
According to the ADB disclosure page, US$ 30 million will be lent by commercial lenders.
As stated by PowerTechnology online magazine, Dynamic Sun Energy Pvt Ltd (Dynamic Sun Energy) specializes in providing electricity generation services and other services. Dynamic Sun Energy is headquartered in Dhaka, Bangladesh.
As stated on the company's website, Paramount Group of companies which established in 1983. The idea of the textile was embraced in 2004 and its inception was possible in 2006.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|Paramount Textile PLC
|Industry and Trade
ADB Team Leader:
Yohei Oishi - Investment Specialist, Private Sector Operations Department
No contacts available at the time of disclosure.
Client - Paramount Textile PLC:
Address: House #22, Road #113/A, Gulshan Circle 2, Dhaka-1212, Bangladesh
Phone: +8801730735465 / +880-2-55049833-37
Email: firstname.lastname@example.org / email@example.com
ACCESS TO INFORMATION
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
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.