Tina River Hydropower Development Project (WB-P161319)

Countries
  • Solomon Islands
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
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.
Voting Date
Jun 20, 2017
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 Solomon Islands
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 33.63 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)
$ 240.48 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 29, 2017

Disclosed by Bank Jan 1, 2017


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Project 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
  • World Bank (WB)
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
Korean Water Resources Corporation (K-Water) is a state-owned company.
Contact Information
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.