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43937-014: PAK: ZORLU ENERJI POWER PROJECT
Project Data Sheet (PDS): Overview
Description
The proposed transaction merits ADB's assistance for the following reasons: (i) It will increase incremental supply of energy to reduce a growing energy deficit which is seriously constraining economic growth. It also increases access to energy for households, business and industry; (ii) Makes efficient use of an energy resource which is domestic and renewable, this reduces the reliance on expensive oil imports; (iii) Reduces emissions of pollutants and greenhouse gases; (iv) Sets the p... Read More
| Country |
Pakistan |
|---|---|
| Borrower/Equity Investment Name | ZORLU ENERJI PAKISTAN LIMITED |
| Project Number | 43937-014 |
| Project Type or Modality of Assistance |
Private Sector Loan and Equity |
| Financing | Private sector (Nonsovereign) |
| Status | Approved |
| Approval Number |
7319 |
| Approval Date | 24 Nov 2010 |
| Closing Date | 07 Jun 2013 |
| Geographical Location | Jhimpir town, District Thatta, Southern Sindh, Pakistan |
| Sector / Subsector Classification |
Energy / Renewable Energy |
| Thematic Classification | Economic growth Environmental sustainability Private sector development |
| Safeguard Categories |
Environment: B Resettlement: C Indigenous People: C |
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.
Responsible ADB Officer
Mohammed Azim Hashimi
Email contact form
Responsible ADB Department
Private Sector Operations Department
Responsible ADB Divisions
Infrastructure Finance Division 1
PDS Creation Date
23 Sep 2010
Last PDS Update
19 Mar 2013