Upper Trishuli 1 Hydroelectric Power Project (ADB-49086-001)

Countries
  • Nepal
Geographic location where the impacts of the investment may be experienced.
Specific Location
Bhotekosi river, North of Kathmandu
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
Aug 1, 2018
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
Nepal Water & Energy Development Company Pvt. Ltd
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Hydropower
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)
$ 90.00 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 Jun 25, 2020

Disclosed by Bank Mar 27, 2018

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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 document, "the Upper Trishuli-1 Hydropower Project involves the construction and operation of a 216 MW greenfield run-of-the-river hydropower facility located in the Trishuli watershed, 275m downstream of the confluence with the Bhotekosi river, and about 70km north of Kathmandu. The Project consists of a 77m wide diversion dam by which the water will get diverted through a 9.8km long headrace tunnel to an underground power station. The electricity generated will be sold for domestic consumption to the Nepal Electricity Authority (NEA) based on a fixed tariff structure. The 35 year concession will be on a BOOT basis and includes a 5 year construction period."

"The Project will connect to the Chilime–Trishuli transmission line via a 689-metre extension from the Project switchyard. The Project will be accessed via existing public roads, but NWEDC will construct an 11.84-kilometre private road upstream along the river to access the UT-1 dam. The Project design was changed in response to the 2015 earthquake to strengthen its geotechnical
and seismic design, take into account updated climate change forecasts, adjust to changes inlandscape conditions (e.g. landslides), and to optimize engineering aspects of the dam.
The Project will take approximately 5 years to construct and will employ about 1,090 workers."
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Project sponsors:
Daelim Industrial Co. Ltd.
Korea South East Power Company
Kyeryong Construction Industrial Co. Ltd.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Environmental Resources Management (ERM) Contractor -
- - - - Nepal Water & Energy Development Company Pvt. Ltd Client -

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.

Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Tang, Sonali

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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