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.
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).
For more information about project financing, please review the project summary.
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.
Raqib Ahmed Chowdhury
Investment Operations Specialist
Md. Shahriar Kader Siddiky
Economic Relations Division,
Ministry of Finance, Government of the People’s Republic of Bangladesh
Power Grid Company of Bangladesh Limited (PGCB)