Second Programmatic Energy Sector Development Policy Credit (WB-P170248)

  • 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
Bank Risk Rating
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
Dec 30, 2019
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.
Government of Nepal
The holder of the loan, grant, or other investment.
  • Energy
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 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)
$ 100.00 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 Jun 25, 2020

Disclosed by Bank Jul 7, 2019

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Project Description

According to the bank document, the proposed project aims to to support the government’s efforts to improve the financial viability and governance of the electricity sector.

The programmatic DPC series has two pillars: (i) improving the financial viability of the electricity sector; and (ii) improving the governance of the electricity sector.

This project will support the Nepal Electricity Authority during COVID-19: "The ongoing COVID-19 pandemic has halted many of the economic activities, reduced electricity demand, and weakened the financial position of the Nepal Electricity Authority ... the proposed DPC operation continues to support key policy, regulatory, and institutional reforms to unlock the potential of Nepal's electricity sector."

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Xiaoping Wang, Bipulendu Narayan Singh
Senior Energy Specialist

Ministry of Finance
Narayan DhakalUnder Secretary

Implementing Agencies
Ministry of Energy, Water Resources and Irrigation
Dinesh Ghimere, Secretary


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