Power Sector Development Investment Program (ADB-47356-002)

Countries
  • Papua New Guinea
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
Feb 28, 2019
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 Papua New Guinea
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 612.00 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.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 20, 2020

Disclosed by Bank Sep 29, 2017

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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 website, the government has requested ADB to finance the investment program to support the government's target of 70% of household's electrification by 2030. The proposed investment program is in line with ADB's Country Partnership Strategy (2016-2020) which prioritize energy as key area of support in renewable energy generation, improving transmission and distribution efficiencies and its expansion to peri-urban areas. The proposed investment program will respond to government's national development and sector strategies by promoting sustainable development in peri urban and rural areas and by increasing the grid penetration from 12% to approximately 19% by 2028 and replacing diesel generation with renewable energy sources in provincial centers. The investment program will also enhance operational efficiency of PPL and address institutional capacities, policy framework and facilitate private sector mobilization in off-grid areas.

The impact of the program will be improved socio economic conditions and aligned with PNG Vision 2050. The outcome will be a consumption to clean and reliable power supply in the investment program areas improved. This will be achieved through following outputs: (i) transmission network strengthened and expanded in three main grid areas, (ii) distribution network expanded, (iii) renewable energy for provincial grids increased, (iv) capacity of monitoring system enhanced, (v) private sector investments in rural electrification mobilized, and (vi) Institutional support and capacity of EA/IAs, program beneficiaries and stakeholders enhanced.

Outputs:
-Transmission network strengthened and expanded
-Distribution network expanded
-Renewable energy for provincial grids increased
-Capacity of PPL monitoring system enhanced
-Private sector investments in rural electrification mobilized
-Institutional support and capacity of EA/IAs, program beneficiaries and other stakeholders enhanced.

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.

Energy Division of the Department of Petroleum and Energy
P.O. Box 494
Waigani, NCD
Papua New Guinea

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

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