Project Name Guangdong Energy Efficiency and Environment Improvement Investment Program - Tranche 3
Project Number 39653-043
Country China, People's Republic of
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2773-PRC: Guangdong Energy Efficiency and Environment Improvement Investment Program - Tranche 3
Ordinary capital resources US$ 42.94 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Energy - Energy sector development and institutional reform

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome The Project became effective on 20 February 2012 and Loan Inception was conducted from 23 to 24 May 2012. By 10 Sep. 2013, the accumulated withdrawal under Tranche 3 reached $42.12 million, approximately 98% of the loan amount. Five of the six subborrowers under Tranche 3 have fully withdrawn their subloans.
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)

To be assessed.

Not yet due.

Not yet due.

Geographical Location

Safeguard Categories

Environment FI
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects Tranche 3 is classified as environmental category 'FI', in accordance with ADB's Safeguard Policy Statement (2009). The proposed subprojects are energy efficiency projects not located in any designed environmental protection zone, and will be constructed and operated in accordance with relevant national environmental laws and regulations according to the EA. The proposed subprojects, therefore, meet the environmental criteria for subproject selection in the schedule 5 of the FFA. Also, all proposed subprojects are screened against the Prohibited Investment Activity List stated in ADB's Safeguard Policy Statement (2009) and no subproject is found to fall into the list. The potential environmental impacts are limited to the disposal of the replaced electrical and mechanical equipment. Disposal will fully comply with related GPG's environmental regulations to minimize any potential impacts according to the EPP-PMO.
Involuntary Resettlement Tranche 3 is classified as category C' for involuntary resettlement and for indigenous peoples, as subprojects will not have any adverse social impacts on ethnic minorities. As all subprojects are either retrofit projects or located on the existing premises, Tranche 3 subprojects will not involve any land acquisition, demolition or resettlement of people.
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design During the project design, various stakeholders were consulted, such as Guangdong provincial finance bureau, Guangdong Development and Reform Commission, Guangdong Economic and Information Commission, Project Management Office, and Guangdong Finance and Trust Company.
During Project Implementation

Business Opportunities

Procurement The procurement mode for works, goods, and consulting services is consistent with the procurement threshold agreed in the FFA. Subborrowers will be required to follow the relevant procurement rules in accordance with ADB's Procurement Guidelines (2010, as amended from time to time). Procurement must be from ADB member countries. Subborrowers will be encouraged to procure goods through competitive bidding or shopping when such procedures are applicable in the interest of economy and efficiency. In case of noncompliance, GFTC will exercise the right to recall the subloan.

Responsible Staff

Responsible ADB Officer Xinjian Liu
Responsible ADB Department East Asia Department
Responsible ADB Division PRC Resident Mission
Executing Agencies
Guangdong Provincial Government
Guangdong Finance Department,
No. 26 Cangbian Road
Guangzhou, Guangdong Province, PRC

Timetable

Concept Clearance 31 Aug 2006
Fact Finding -
MRM 05 Mar 2008
Approval -
Last Review Mission -
PDS Creation Date 18 Apr 2008
Last PDS Update 16 Sep 2013

LoanĀ 2773-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
05 Sep 2011 14 Nov 2011 20 Feb 2012 31 Dec 2013 - 12 Dec 2013
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 79.05 Cumulative Contract Awards
ADB 42.94 05 Sep 2011 42.94 0.00 100%
Counterpart 36.11 Cumulative Disbursements
Cofinancing 0.00 05 Sep 2011 42.94 0.00 100%
Status of Covenants
Category Sector Safeguards Social Financial Economic Others
Rating Satisfactory - - - - -

 
This page was generated from http://www.adb.org/projects/39653-043/main on 26 July 2016