This project finances a second series of loans for medium to large-sized infrastructure projects led by Infrastructure Development Company Limited and private sector actors. It also expands the Solar Home System to households typically in off-grid areas.
The funding for this project is broken down as follows:
ADB: US$ 110 million
Japan International Cooperation Agency: US$ 96 million
World Bank: US$ 99.50 million
There are two components within this loan. The first directly loans US$ 100 million to companies for infrastructure projects; the second amount of US$ 10 million is routed through Infrastructure Development Company Limited to organizations participating in the Solar Home System program.
Ministry of Finance
Economic Relations Division (ERD), MOF
Sher-e-Bangla Nagar, Dhaka_1207
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