36107-023: Sustainable Power Sector Development Program (Program Loan) | Asian Development Bank

Bangladesh: Sustainable Power Sector Development Program (Program Loan)

Sovereign (Public) Project | 36107-023 Status: Closed

The Asian Development Bank is working with Bangladesh to continue reforming the power sector. The program is supporting financial and organizational restructuring, improved governance, and greater participation by the private sector.

Project Details

Project Officer
Song, Pil-Bae South Asia Department Request for information
Country
  • Bangladesh
Modality
  • Loan
Sector
  • Energy
 
Project Name Sustainable Power Sector Development Program (Program Loan)
Project Number 36107-023
Country Bangladesh
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2334-BAN: Sustainable Power Sector Development Program (Program Loan)
concessional ordinary capital resources lending / Asian Development Fund US$ 60.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Energy / Conventional energy generation

Gender Equity and Mainstreaming No gender elements
Description The Program aims to promote sustained economic growth by providing further support and incentives to the Government for continued power sector reform activities through financial and organizational restructuring, improved sector governance, promotion of private sector participation, and capacity development.
Project Rationale and Linkage to Country/Regional Strategy

ADB has developed its strategy for the pwoer sector in consultation with the Government and other key development partners involved in the sector. In parallel with its continued support for expanding and upgrading power supply systems in Bangladesh as part of a least-cost expansion plan, the strategy consists of (i) changes in the business environment through continued corporatization and commercialization of sector entities as well as increasing private sector participation, (ii) institutional improvements in pwoer sector entities, (iii) cration of new power sector companies to serve as role models for the sector, (iv) enlarging the scope of PBSs, (v) strengthening the long-trerm planning and regulatory processes, and (vi) promotion of good governance at the sector and corporate levels. The proposed program addresses items (i), (ii) (iii), (v), and (vi) of this strategy. Item (iv) has been addressed through ADB's earlier projects and World Bank's ongoing project for rural electrification.

The program was included in 2007 Country Operations and Business Plan for Bangladesh.

Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Safeguard Categories
Environment B
Involuntary Resettlement A
Indigenous Peoples B
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services TBD
Procurement The procees of the program loan will finance the costs (excluding local taxes and duties) of eligible items, produced in and procured from ADB's member countries.
Responsible ADB Officer Song, Pil-Bae
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies
Ministry of Finance
Dr. Mohammad Tareque
Bangladesh Secretariat, Dhaka, Bangladesh
Ministry of Power, Energy and Mineral Resources
WAPDA Building
Motijheel Commercial Area, Dhaka-1000
Bangladesh
Timetable
Concept Clearance 31 Oct 2005
Fact Finding 10 Apr 2006 to 27 Apr 2006
MRM 29 Jun 2006
Approval 26 Jun 2007
Last Review Mission -
PDS Creation Date 27 Oct 2007
Last PDS Update 14 Oct 2010

Loan 2334-BAN

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
26 Jun 2007 28 Jun 2007 24 Sep 2007 30 Jun 2008 - 16 Jun 2008
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 183.00 Cumulative Contract Awards
ADB 60.00 26 Jun 2007 64.00 0.00 100%
Counterpart 123.00 Cumulative Disbursements
Cofinancing 0.00 26 Jun 2007 64.00 0.00 100%

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Title Document Type Document Date
Sustainable Power Sector Development Program: Program Completion Report Project/Program Completion Reports Sep 2016
Sustainable Power Sector Development Program Progress Reports on Tranche Releases May 2008
Sustainable Power Sector Development Program Reports and Recommendations of the President Jun 2007
Sustainable Power Sector Development Project Design and Monitoring Frameworks Jun 2007
Loan Agreement for Sustainable Power Sector Development Program between People's Republic of Bangladesh and Asian Development Bank dated 28 June 2007 Loan Agreement (Special Operations) Jun 2007
Sustainable Power Sector Development Program Design and Monitoring Frameworks Jul 2006

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

Title Document Type Document Date
Bangladesh: Sustainable Power Sector Development Program Validations of Project Completion Reports Aug 2017

Related Publications

None currently available.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.

Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.