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Bangladesh: Distribution System Upgrade and Expansion

SUMMARY

STATUS
Approved
MEMBER
Bangladesh
SECTOR
Energy
E&S CATEGORY
Category B
PROJECT NUMBER
000003

FINANCING

PROJECT TYPE
Stand-alone
APPROVED FUNDING
USD165 million
FINANCING TYPE
Sovereign

TIMELINE

LATEST FIELD VISIT
March 20, 2019
CONCEPT REVIEW
April 21, 2016
APPRAISAL REVIEW/FINAL REVIEW
May 16, 2016
FINANCING APPROVAL
June 24, 2016
LOAN CLOSING/LAST DISBURSEMENT
December 31, 2019

OBJECTIVE

The objectives are to enhance distribution capacity and to increase the number of rural and urban electricity consumers in Bangladesh.

DESCRIPTION

The project is comprised of two components:

Component One: Provision of about 2.5 million service connections to rural consumers.

Component Two: Upgrading two grid substations and the conversion of 85 km overhead distribution lines into underground cables in north Dhaka.

PROJECT FINANCING

For more information about project financing, please review the project summary.

ENVIRONMENTAL AND SOCIAL INFORMATION

The Project is classified in Category B under the Environmental and Social Policy of the Bank, and the provisions of Environmental and Social Standard 1: Environmental and Social Assessment and Management have been applied to both Component 1 and Component 2.

PROJECT TEAM LEADER

Raqib Ahmed Chowdhury

Investment Operations Specialist

raqib.chowdhury@aiib.org

 

BORROWER

Md. Shahriar Kader Siddiky

Joint Secretary,
Economic Relations Division,
Ministry of Finance, Government of the People’s Republic of Bangladesh

wingchief08@erd.gov.bd

 

IMPLEMENTING ENTITY

Chairman

Bangladesh Rural Electrification Board (BREB)

chairman@reb.gov.bd

 

Managing Director

Dhaka Electric Supply Company Limited (DESCO)

mddesco@desco.org.bd

 

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