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Bangladesh: Dhaka and West Zone Transmission Grid Expansion Project

SUMMARY

STATUS
Approved
MEMBER
Bangladesh
SECTOR
Energy
E&S CATEGORY
Category A
PROJECT NUMBER
0000272

FINANCING

PROJECT TYPE
Cofinanced
APPROVED FUNDING
USD200 million
FINANCING TYPE
Sovereign

TIMELINE

CONCEPT REVIEW
May 21, 2019
APPRAISAL REVIEW/FINAL REVIEW
August 28, 2019
FINANCING APPROVAL
January 17, 2020

OBJECTIVE

The objective of the proposed Project is to enhance the reliability and efficiency of power transmission in Dhaka and Western Zone of Bangladesh and strengthen institutional capacity of PGCB.

DESCRIPTION

The proposed Project will include three components.

• Component 1: construction of substations with a total capacity of 4,450 megavolt-ampere (MVA) and transmission lines of 40 km in Greater Dhaka.

• Component 2: construction of substations with a total capacity of 2,990 MVA and transmission lines of 368 km and 20 bay extensions in Western Zone.

• Component 3: strengthening of institutional capacity of Power Grid Company of Bangladesh (PGCB).

PROJECT FINANCING

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

ENVIRONMENTAL AND SOCIAL INFORMATION

Environment and Social Policy and Categorization. Because this Project will be co-financed with the Asian Development Bank (ADB), AIIB has agreed with ADB that: (a) ADB’s Safeguard Policy Statement (SPS), 2009 and its related procedures will apply to the Project; and (b) AIIB may rely on ADB’s determination as to whether compliance with those policies and procedures have been achieved under the Project. AIIB is satisfied that the SPS and its related procedures are consistent with AIIB’s Articles of Agreement and are materially consistent with AIIB’s Environmental 2 and Social Policy (including Environmental and Social Standards) (ESP), and that appropriate monitoring procedures are in place for the Project.

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

Joint Secretary, Economic Relations Division (ERD)
Ministry of Finance
Government of Bangladesh

wingchief-asia@erd.gov.bd

 

ADB
Yunfeng Yue

Energy Specialist

yyue@adb.org

IMPLEMENTING ENTITY

Abdur Rashid Khan

Chief Engineer, Planning and Development
PGCB

arkpgcb@gmail.com

 

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