Dhaka and Western Zone Transmission Grid Expansion Project (ADB-51137-003)

Countries
  • Bangladesh
Where the impacts of the investment may be experienced.
Specific Location
Barisal, Dhaka, Khulna, Rajshahi, Rangpur
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
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 350.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 19, 2019

Disclosed by Bank Apr 11, 2019


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Project Description

According to ADB website, the proposed project builds upon ADB's strong and sustained work in the power sector of Bangladesh. Complementing the investment in the recently-approved Southwest Transmission Grid Expansion Project and Rupsha 800-Megawatt Combined Cycle Power Plant in the southwest region, the project will focus on addressing some of the remaining deficiencies in the transmission system to enhance power transfer capacity to the load centers in the southern and western zones. These interventions will also strengthen in-country power transfer capacity for increased cross-border power trade with India. In addition, the project will develop the capacity of PGCB in financial management, and in drone utilization to improve operations efficiency. 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agency: Power Grid Company of Bangladesh, Ltd. (PGCB)
IEB Bhaban (4th Floor)
Ramna,Dhaka, Bangladesh

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