Additional Financing for the Central Asia South Asia Electricity Transmission and Trade Project (WB-P167898)

Regions
  • Europe and Central Asia
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Afghanistan
  • Kyrgyzstan
  • Pakistan
  • Tajikistan
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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."
Voting Date
May 31, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Governments of Kyrgyzstan, Tajikistan, Afghanistan and Pakistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • 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)
$ 65.00 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)
$ 65.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 18, 2020

Disclosed by Bank Apr 9, 2019

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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.

According to the bank document, "the objective of the project is to create the conditions for sustainable electricity trade between the Central Asian countries of Tajikistan and Kyrgyz Republic and the South Asian countries of Afghanistan and Pakistan." The project involves construction of HighVoltage Transmission Infrastructure, Technical Assistance and Project Implementation Support, and Community Support Programs.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

World Bank
Husam Mohamed Beides, Lead Energy Specialist
Anh Nguyet Pham, Senior Energy Specialist
Fowzia Hassan, Senior Energy Specialist

Borrower/Client/Recipient
Islamic Republic of Afghanistan
Dr. Mustafa Mastoor, Deputy Minister of Finance

Ministry of Finance, Tajikistan
Jamshed Shoimzod, Deputy Minister
Islamic Republic of Pakistan
Omer Rasul, Additional Secretary

Kyrgyz Republic
Aibek Kaliev, Deputy Minister

Implementing Agencies
Da Afghanistan Breshna Sherkat
Abdul Razique Samadi
Chief Executive Officer

National Electric Grid of Kyrgyzstan
Medetbek Aitkulov, General Director
Barki Tajik
Rahmatzoda Rustam
Chairman

National Transmission and Despatch Company (NTDC)
Muhammad Arshad Chaudhry, Managing Director

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.

How it works

How it works