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India: Transmission System Strengthening (Tamil Nadu)

SUMMARY

STATUS
Approved
MEMBER
India
SECTOR
Energy
E&S CATEGORY
Category B
PROJECT NUMBER
000006

FINANCING

PROJECT TYPE
Cofinanced
APPROVED FUNDING
USD100 million
FINANCING TYPE
Sovereign

TIMELINE

LATEST FIELD VISIT
April 15-17, 2019
CONCEPT REVIEW
April 19, 2016
APPRAISAL REVIEW/FINAL REVIEW
April 18, 2017
FINANCING APPROVAL
September 27, 2017
LOAN CLOSING/LAST DISBURSEMENT
September 30, 2021

OBJECTIVE

The objective is to enhance the capacity of the electricity supply in the Southern Region of India.

DESCRIPTION

The project is a subset of the “HVDC Bi-pole Link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) – North Trichur (Kerala)”  which comprises three related schemes to expand the interstate transmission network in western and southern India.

PROJECT FINANCING

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

ENVIRONMENTAL AND SOCIAL INFORMATION

The Bank has decided to apply ADB’s Safeguard Policy Statement (2009) (ADB SPS) to the Project because: (i) it is consistent with the Bank’s Articles of Agreement and materially consistent with the provisions of the Bank’s Environmental and Social Policy and relevant Environmental and Social Standards; and (ii) the monitoring procedures that ADB has in place to ascertain compliance with the ADB SPS are appropriate for the Project. Under the ADB SPS, the Project is classified Category B for Environmental and Involuntary Resettlement, and Category C for Indigenous Peoples. An Initial Environmental Examination (IEE), including an Environmental Management Plan (EMP), and a Compensation Plan for Temporary Damages (CPTD) have been prepared and disclosed on the POWERGRID’s website and the Bank’s website.

PROJECT TEAM LEADER

Hongliang Yang

Principal Investment Operations Specialist

hyang@aiib.org

 

BORROWER

Anil Jain

Executive Director
Corporate Planning
POWERGRID

aniljain@powergridindia.com

 

IMPLEMENTING ENTITY

Anil Jain

Executive Director, Corporate Planning POWERGRID

aniljain@powergridindia.com

 

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