Bangladesh Natural Gas Network Improvement Project (NDB-BANGLADESHGASNETWORK)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Bangladesh
Geographic location where the impacts of the investment may be experienced.
Specific Location
Dhaka division (Dhaka, Manikganj, Tangail and Gazipur districts); Mymensingh division/district
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
  • New Development Bank (NDB)
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
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."
Borrower
Government of Bangladesh
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Industry and Trade
  • Infrastructure
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)
$ 260.00 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)
$ 260.00 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)
$ 459.00 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.
Currency conversion note:
Bank reported 55800
Converted using 2025-07-11 exchange rate.
Bank Documents
Primary Source

Original disclosure @ NDB website

Updated in EWS Sep 4, 2025

Disclosed by Bank Jul 11, 2025

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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.

As stated by the NDB, the Project will include (i) replacement of the existing distribution lines with higher diameter pipes, as well as construction of new pipelines; and (ii) building new and enhancing the capacity of the existing gas stations in the Project area.

The Project aims to improve gas supply from 809 to 1,587 million cubic feet per day, reduce operational failure incidences, and decrease CO2 emissions by: i) replacing existing gas pipelines along the Joydebpur-Mymensingh and Dhaka-Tangail highways according to the needs of current and future customers, including safety and proper maintenance aspects; and ii) constructing new gas pipelines to increase gas supply capacity and reduce insufficient pressure situations in Tangail, Manikganj, Saturia, Aricha, Dhamrai, Savar, and adjoining industrial areas.
These areas are important for the country because of a high concentration of industrial centers that drive Bangladesh’s economic growth.

The Project will also include implementation of digital solutions to improve project management and capacity building activities.

The implementing agencies will be Titas Gas Transmission and Distribution Public Limited Company and the Bangladesh Oil, Gas & Mineral Corporation.

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.

As stated by Banglapedia, Petrobangla is a state-owned company established for exploration, development, transportation, distribution and marketing of oil, gas and mineral resources in Bangladesh. The Bangladesh Mineral Oil and Gas Corporation (BOGMC) was created through the Presidential Order No 27 on 26 March 1972 for exploration of oil, gas and mineral resources in the country.

It has the mandate to enter into Production Sharing Contracts (PSC) with International Oil Companies (IOCs) and supervise all activities for exploration, development and production of oil and gas under the signed PSCs.

Currently Petrobangla performs its duties and responsibilities through its 13 (thirteen) subsidiary companies.

According to MarketScreener, Titas Gas Transmission and Distribution Company PLC, formerly Titas Gas Transmission and Distribution Company Limited (TGTDCL), is a Bangladesh-based company. The Company is engaged in transmitting natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for compressed natural gas (CNG), and domestic categories within its franchise areas via greater Dhaka and Mymensingh districts.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Petrobangla Contractor Energy
- - - - Titas Gas Distribution Co. Ltd. Contractor Energy

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.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information though a form at the bottom of the following webpoage https://www.ndb.int/about-us/contact-us/. Alternatively, you can send an e-mail to info@ndb.int. 

ACCOUNTABILITY MECHANISM OF NEW DEVELOPMENT BANK

The New Development Bank (NDB) does not currently have an independent accountability mechanism to accept complaints related to NDB-financed projects. The Bank does have a whistleblower mechanism that receives complaints about misconduct related to corruption, fraudulent practices and instances of money laundering in projects financed by the NDB and/or against the NDB staff members. To learn more about the whistleblower mechanism and how to file a complaint, access this webpage at: https://www.ndb.int/about-us/whistleblowing/.

How it works

How it works