Tina River Hydropower Development Project (WB-P161319)

Countries
  • Solomon Islands
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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
Jun 20, 2017
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 Solomon Islands
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 33.63 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)
$ 240.48 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 29, 2017

Disclosed by Bank Jan 1, 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.
The development objective of the Tina River Hydro Development Project (TRHDP) is to increase the share of renewable energy through hydropower in Solomon Islands.The World Bank Group has mobilized a range of resources and instruments to enable the Government to attract an experienced international hydropower developer to construct and operate the hydropower facility (HPF), and to enhance the quality and viability of the Project. The TRHDP will consist of four components: (i) HPF; (ii) access road; (iii) transmission lines; and (iv) technical assistance (TA). The TA component is expected to begin first in order to maintain continuity of the TRHDP Project Office (PO) with the preparation phase and to support the other project components. 1) The first component, Tina River Hydropower Facility, under a 34-year Power Purchase Agreement (PPA) (including 4 year construction period), the PC will develop, finance, construct and operate the HPF with an installed capacity of 15 MW located on the Tina River, 20 km southeast of Honiara, and will comprise: a. A roller-compacted-concrete (RCC) dam 72 m high (from foundation) located in a narrow gorge on the Tina River; b. A waterway including a 3.3 km headrace tunnel in 3.3 m diameter, surge shaft and a surface type steel pen stock in 3.0 m diameter to convey water from the dam to the powerhouse; c. A powerhouse 5.7 km downstream of the dam site that will house three 5 MW Francis turbines and an extra bay for future installation of a possible fourth 5 MW turbine. 2) The second component, access road to facilitate HPF construction and operations includes two lots: Lot 1 involving the upgrade of the existing 13.2 km road from Black Post Junction to Managikiki Village; and Lot 2 involving a 5.5 km “greenfield” road through steep heavily forested terrain from Managikiki Village to the dam and power station.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Co-financing: KOREA, Rep of: Economic Development Cooperation Fund US$ 31.60 million Green Climate Fund: US$ 86.00 million ABU DHABI: Abu Dhabi Fund for Arab Economic Development US$ 15.00 million Asian Development Bank: US$ 30.00 million Australia-Pacific Islands Partnership Trust Fund: US$ 11.70 million Foreign Private Commercial Sources (identified): US$ 10.40 million
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.
Korean Water Resources Corporation (K-Water) is a state-owned company.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Hyundai Engineering Company, Ltd (HEC) Contractor -
- - - - Korean Water Resources Corporation (K-Water) 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.
ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

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