Enhancing Power Sector Governance and Regulation Reform in ADB DMCs (ADB-59500-001)

Regions
  • East Asia and Pacific
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kyrgyzstan
  • Laos
  • Tajikistan
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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
Dec 23, 2025
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.
Borrower
Government of Laos; Government of Kyrgyzstan; Government of Tajikistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.50 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 Jan 23, 2026

Disclosed by Bank Dec 23, 2025

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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 ADB, as ADB's developing member countries (DMCs) scale up renewable energy, standardized and bankable power purchase agreements (PPAs) remain essential for attracting competitive private capital, safeguarding public finances, and advancing power sector reforms. However, these objectives have not always been fully realized, largely because (i) governance framework guiding the design, negotiation, and implementation of private sector transactions have often lacked the necessary coordination, and (ii) policy efforts have tended to prioritize the rapid addition of generation capacity and achievement of financial closure, without adequate alignment with the broader reform and regulatory agenda of the power sector. Subsequently, some DMCs are now confronted with material fiscal challenges and high cost of electricity.

The technical assistance (TA) will support DMCs in enhancing governance frameworks by promoting regulation reforms advancing private sector participation in the power sector. It will deliver country assessments and policy recommendations covering:

(i) governance and regulation for private sector participation in the power sector;
(ii) legal and regulatory adoption pathways for enhanced governance and regulation oversight for private sector participation in the power sector, and
(iii) roadmap for adoption of disclosure standards required for tariff-setting, fiscal-risk reporting, and contingent liability management.

Country-specific approaches will be informed by in-depth sector assessment, policy dialogue, a senior officials' platform to build ownership, and capacity development to expand knowledge and share best practices. Policy recommendations developed under the TA will also inform the design and implementation of ADB's policy-based lending operations supporting power sector reforms and fiscal resilience.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

ADB Team Leader:

Rafayil Abbasov
Email: rabbasov@adb.org 

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.

How it works

How it works