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Bangladesh: Power System Upgrade and Expansion

SUMMARY

STATUS
Approved
MEMBER
Bangladesh
SECTOR
Energy
E&S CATEGORY
Category B
PROJECT NUMBER
000088

FINANCING

APPROVED FUNDING
USD120 million
FINANCING TYPE
Sovereign

TIMELINE

CONCEPT REVIEW
August 31, 2018
APPRAISAL REVIEW/FINAL REVIEW
December 18, 2018
FINANCING APPROVAL
March 26, 2019
LATEST FIELD VISIT
August 2023
LOAN CLOSING/LAST DISBURSEMENT
December 31, 2022

OBJECTIVE

The objective is to upgrade and expand the power transmission system in the Chattogram region to ensure adequate and reliable power supply in the southeastern region of Bangladesh.

DESCRIPTION

The project will construct 53 km of 400 kV and 230 kV double-circuit transmission lines and associated substations and line bays in the Chattogram region. This will collectively provide 1,400 megavolt-ampere (MVA) transmission capacity at different voltage levels.

PROJECT FINANCING

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

ENVIRONMENTAL AND SOCIAL INFORMATION

The Project has been screened and reviewed with reference to AIIB’s Environmental and Social Policy (ESP) and Environmental and Social Standards (ESS). The Project has been assigned Category B.

Please review the project summary for additional information.

PROJECT TEAM LEADER

Raqib Ahmed Chowdhury

Investment Operations Specialist

raqib.chowdhury@aiib.org

 

 

BORROWER

Md. Shahriar Kader Siddiky

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

wingchief08@erd.gov.bd

 

IMPLEMENTING ENTITY

Managing Director

Power Grid Company of Bangladesh (PGCB) Limited

md@pgcb.gov.bd

 

PROJECT NEWS

AIIB Investing in Bangladesh to Increase Stability of Electricity Supply

PROJECT DOCUMENTS

AIIB DOCUMENTS
Project Summary (October 22, 2021)
Project Document (March 26, 2019)
Project Implementation Monitoring Report (September 2023)
Project Implementation Monitoring Report (January 2023)
Project Implementation Monitoring Report (July 2022)
Project Implementation Monitoring Report (November 2021)
Project Implementation Monitoring Report (June 2021)
Project Implementation Monitoring Report (November 1, 2020)
CLIENT/COFINANCING PARTNER DOCUMENTS
Environmental and Social Impacts Assessment (ESIA)
Resettlement Planning Framework - English
PROCUREMENT DOCUMENTS
Contract Award Notice (December 6, 2022)
Contract Award Notice (March 22, 2022)
Contract Award Notice (February 9, 2022)
Extension for the Submission of Tenders (August 20, 2021)
Extension for the Submission of Tenders (August 9, 2021)
Invitation for Tenders (June 14, 2021)
Time Extension for Submission of Tenders (April 27, 2021)
Extension for the Submission of Tenders (March 25, 2021)
Extension for the Submission of Tenders (March 8, 2021)
Invitation for Tenders (February 1, 2021)
Specific Procurement Notice (January 15, 2021)
General Procurement Notice (May 22, 2020)

LEARN MORE

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ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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