Enhancement and Strengthening of Power Transmission Network in Eastern Region (WB-P159974)

Countries
  • Bangladesh
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
Bank Risk Rating
B
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.
Voting Date
Mar 29, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of People's Republic of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
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, etc.
Investment Amount (USD)
$ 450.64 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)
$ 718.06 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 Mar 29, 2019

Disclosed by Bank Mar 1, 2017


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Project Description

According to website of the World Bank, the objective of the 'Enhancement and Strengthening of Power Transmission Network in Eastern Region Project' for Bangladesh is to increase the transmission capacity and reliability of the electricity network in the eastern region and strengthen the institutional capacity of the Power Grid Company of Bangladesh Limited (PGCB).

The project comprises of two components.

Componnent 1: The first component, enhancement and strengthening of power network will cover the following activities:

(a) 13 new substations; (b) transmission lines; and (c) replacement of substation and reconductoring.

Componnent 2: The second component, institutional development and implementation support will cover project supervision as well as hiring of an independent procurement expert to help in the evaluation of the international competitive bids. It consists of following sub-components:

(i) Definition and implementation of a new corporate maintenance strategy

(ii) Technical assistance (TA) for PGCB’s institutional development and implementation support.

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Mohammad Anis
Senior Energy Specialist

Issa Diaw
Program Leader

Borrower/Client/Recipient
People's Republic of Bangladesh

Implementing Agencies
Power Grid Corporation of Bangladesh (PGCB)
Masum-Al Beruni
Managing Director
md@pgcb.org.bd

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.