Tina River Hydropower Development Project Additional Financing (WB-P172294)

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
Nov 27, 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.
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)
Fund
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 1.00 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 Jan 24, 2020

Disclosed by Bank Nov 3, 2019


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Can you contribute information about this project?
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Project Description

According to bank documents, the proposed project will consist of four components: (i) hydropower facility (HPF); (ii) access road; (iii) transmission line; and (iv) technical assistance.

Investment Description
  • World Bank (WB)

Co-financing:
Australia-Pacific Islands Partnership Trust Fund US$ 1 million

Contact Information

World Bank
Takafumi Kadono, Senior Energy Specialist

Borrower/Client/Recipient
Solomon Islands Ministry of Finance and Treasury
Mckinnie Dentana, Permanent Secretary
mdentana@mof.gov.sb

Implementing Agencies
Solomon Islands Ministry of Mines, Energy and Rural Electrification
Chris Vehe (Dr), Permanent Secretary
cvehe@mmere.gov.sb

Solomon Islands Electricity Authority
Pradip Verma, CEO
pradip.verma@siea.com.sb

Tina Hydropower Limited
Jaeil Ryoo, Chief Executive Officer
jiryoo6901@gmail.co m

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.