Nepal: Private Sector-Led Mini-Grid Energy Access Project (WB-P149239)

Countries
  • Nepal
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
Proposed
Bank Risk Rating
FI
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 NEPAL
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 Amount (USD)
$ 17.21 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 17.21 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Feb 28, 2017


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Project Description

According to the bank website, "The Project Development Objective (PDO) is to increase electricity delivery from renewable energy mini grids in selected areas by mobilizing private energy service companies.

Key Results
The achievement of the PDO will be measured using the following indicators:
(1) Electricity Generation capacity constructed or rehabilitated (3.8 MW)
(2) People provided with new or improved electricity service (126,000 Number of people)
(3) Capital mobilized by private companies (3.6 US$)
Investment Description
  • World Bank (WB)
Contact Information
World Bank
Subodh Adhikari
Energy Specialist
 
Borrower/Client/Recipient
Government of Nepal, Ministry of Finance
Mr. Shreekrishna Nepal
Joint Secretary
 
Implementing Agencies
Alternative Energy Promotion Centre (AEPC)
Ram Dhital
Executive Director
ram.dhital@aepc.gov.np

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.