Sustainable and Inclusive Energy Program (Subprogram 1) (ADB-49043-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Indonesia
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
Closed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Sep 30, 2015
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 Indonesia, Coordinating Ministry for Economic Affairs
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)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 400.00 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.
Loan Amount (USD)
$ 400.00 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.
Project Cost (USD)
$ 900.00 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 9, 2020

Disclosed by Bank Jul 3, 2015

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 ADB website, the ADB is working with Indonesia to help stimulate Indonesia’s energy sector by support the government’s reform agenda. The project is supporting the government’s efforts to lower subsidies, adopt cost-recovery-based tariffs and boost the performance of state-owned energy companies.

The program is closely aligned with the government's National Medium-Term Development Plan (RPJMN), 2015 2019, the goals of which include (i) expanding electricity access to all Indonesians and increasing per capita consumption from 843 kilowatt-hours to 1,200 kilowatt-hours per year as key goals; (ii) bolstering domestic energy security through expanded production of gas, improved security for downstream oil and oil products, and increased utilization of renewable energy; and (iii) scaling up energy efficiency. The program is also designed to support PLN via the company's Electricity Power Supply Business Plan, 2015 2024. Realizing these goals will require a sustained and multi-year effort. SIEP will be ADB's first policy-based operation in Indonesia that is fully focused on the energy sector. The program takes a chronological approach over the 5-year RPJMN period with three subprograms.

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

Breakdown of Loan sources:

Loan 3303-INO: Sustainable and Inclusive Energy Program (Subprogram 1)
Ordinary capital resources - US$ 400.00 million

Loan 8293-INO: Sustainable and Inclusive Energy Program (Subprogram 1)
ASEAN Infrastructure Fund - US$ 100.00 million

Loan: Sustainable and Inclusive Energy Program (Subprogram 1)
World Bank - US$ 500.00 million

KfW Bankengruppe - US$ 200.00 million

Agence Francaise de Developpement - US$ 150.00 million


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.

Project Officer: Tharakan, Pradeep J.
Southeast Asia Department, ADB
No contact information provided at the time of disclosure.

Executing Agency: Coordinating Ministry for Economic Affairs
Email Address: WIDJANARDO@KIMPRASWIL.GO.ID
2nd Floor, Jl Lapangan, Banteng Timur 2-4
Jakarta Pusat 10710

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