Additional Financing For Dasu Hydropower Phase I Project (Transmission Line) (WB-P167843)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Specific Location
Province of Khyber Pakhtunkhwa, Province of Punjab
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
  • 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
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
Mar 31, 2020
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 Pakistan - Ministry of Water Resources
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)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 700.00 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)
$ 782.10 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 May 18, 2020

Disclosed by Bank Nov 1, 2019


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Project Description

According to bank documents, "the overall project development objective is to facilitate the expansion of electricity supply of hydro-power in Pakistan.
The Project would also improve access to socio-economic services for local communities in the project area and build WAPDA’s capacity to prepare future hydropower projects.
This would be achieved by installing a 2,160 MW hydropower plant on the main Indus River, which can be expanded to 4,320 MW in future at very low cost.
The Project is a “high-risk-high reward” operation aimed at providing low cost non-carbon renewable energy."

Investment Description
  • World Bank (WB)

World Bank Group Financing

International Bank for Reconstruction & Development (IBRD) $700M

Co- Financing

Borrowing Agency $82.10M

 

Contact Information

World Bank
Mats Johan Rikard Liden
Lead Energy Specialist

Fowzia Hassan
Senior Energy Specialist

Mohammad Saqib
Senior Energy Specialist

Borrower/Client/Recipient
Islamic Republic of Pakistan
Syed Pervaiz Abas
Secretary, EAD
secretary@ead.gov.pk

Ministry of Water Resources
Muhammad Ashraf
Secretary
secretary@mowr.gov.pk

Implementing Agencies
Water and Power Development Authority (WAPDA)
Anwar ul-Haq
Project Directord
asuhpp@yahoo.com

National Transmission and Despatch Company
Javed Iqbal
Project Director, Dasu Transmission Line
cepdpmudasu@gmail.com

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