India: MFF - National Power Grid Development Investment Program - Tranche 2

Sovereign Project | 39630-033 Status: Approved

Summary

ADB is helping India's national power grid operator expand transmission capacity and improve energy efficiency. The multitranche financing facility will fund a state-of-the-art High-Voltage Direct Current power transmission system that will transmit hydropower generated in the Northern and the Northeastern regions to demand centers in the Western region and within the Northern regions.

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Consulting Notices

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Procurement Notices

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Procurement Documents


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Project Name MFF - National Power Grid Development Investment Program - Tranche 2
Project Number 39630-033
Country India
Project Status Approved
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2510-IND: MFF - National Power Grid Development Investment Program - Tranche 2
Ordinary capital resources US$ 124.00 million
Strategic Agendas Environmentally sustainable growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Energy - Electricity transmission and distribution

Gender Equity and Mainstreaming No gender elements
Description The investment program is designed to benefit all grid-connected consumers with adequate and reliable supply of electricity and is expected to support the achievement of the Government's goal of Power for all by 2012 by increasing transmission capacity and enhancing the reliability and efficiency of the transmission network.
Project Rationale and Linkage to Country/Regional Strategy The investment program will (i) provide long-term and predictable financing for POWERGRID's huge investment requirement; (ii) help POWERGRID prepare for external commercial borrowing to broaden and deepen its access to financial markets; and (iii) ensure sound environmental and social safeguard policies are followed.
Impact To promote sustained social and economic prosperity and growth in India by providing adequate and reliable power supply.
Project Outcome
Description of Outcome Enhanced transmission network reliability and efficiency through expansion and augmentation of the national transmission grid.
Progress Toward Outcome All contract packages awarded. Project under implementation. Achieved 100% foundations (4372 nos), 4351 Tower erections against 4372, and Stringing of 1686.3 kms out 1752 kms has been completed.
Implementation Progress
Description of Project Outputs +/-800kV HVDC Northeastern-Northern/Western Interconnector
Status of Implementation Progress (Outputs, Activities, and Issues)

All contract packages awarded. Project under implementation. Achieved 100% foundations (4372 nos), 4351 Tower erections against 4372, and Stringing of 1686.3 kms out 1752 kms has been completed.

Civil works for substation has been started and delivery of equipment has already been commenced and are at various stages of implementation.

Geographical Location Northeastern Region of India
Safeguard Categories
Environment B
Involuntary Resettlement B
Indigenous Peoples B
Summary of Environmental and Social Aspects
Environmental Aspects

No adverse environmental impacts are expected by the implementation of the Project.

The Project has been classified as Category B in accordance with ADB's Environment Policy (2002). An Initial Environmental Examination (IEE) was prepared in accordance with the Environmental Assessment and Review Framework and approved by ADB during processing of FFA/Tranche 1 (Loan No. 2415-IND).

No unanticipated environmental impacts of significance were noticed during the implementation.

Involuntary Resettlement ADB is funding +/-800kV HVDC transmission lines only. Compensation plan for Temporary Damages (CPTDs) have been prepared.
Indigenous Peoples No indigenous Peoples Development Plan (IPDP) is required.
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation Consultations will continue during the project implementation period.
Business Opportunities
Consulting Services Not required.
Procurement Advance contract for procurement of goods and services will be allowed, subject to these being eligible according to agreed procedures, and ADBs Procurement Guidelines.
Responsible ADB Officer Vallabha Karbar
Responsible ADB Department South Asia Department
Responsible ADB Division India Resident Mission
Executing Agencies
Power Grid Corporation of India Limited
Mr. V.N. Kaul
"Saudami" Plot No. 2, Sector-29, Guragaon-122 001, Haryana, India
Timetable
Concept Clearance -
Fact Finding -
MRM 06 Mar 2007
Approval 03 Mar 2009
Last Review Mission -
PDS Creation Date 18 Sep 2009
Last PDS Update 09 Sep 2015

Loan 2510-IND

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
03 Mar 2009 27 Mar 2009 18 May 2009 30 Jun 2014 31 Dec 2015 -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 359.90 Cumulative Contract Awards
ADB 124.00 03 Mar 2009 123.84 0.00 100%
Counterpart 235.90 Cumulative Disbursements
Cofinancing 0.00 03 Mar 2009 122.43 0.00 99%
Status of Covenants
Category Sector Safeguards Social Financial Economic Others
Rating Satisfactory Satisfactory Satisfactory Satisfactory - Satisfactory

Safeguard Documents

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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.

Evaluation Documents

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Related Publications

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