Project Performance Evaluation Reports
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Project Performance Evaluation Reports (PPERs) evaluate the design, implementation, and performance of projects and programs. They are prepared about 3 years after project completion.
Project Performance Evaluation Report for Loan and Grants to the Republic of Vanuatu for the Port Vila Urban Development Project (Loan 2832 and Grants 0275, 0276, and 0526)
ONGOING EVALUATION. The Independent Evaluation Department (IED) will prepare a project performance evaluation report (PPER) to assess the Port Vila Urban Development Project of the Asian Development Bank (ADB) in the Republic of Vanuatu. The project supported Vanuatu’s Priorities and Action Agenda, 2006–2015 and medium-term action program, which aimed to improve urban infrastructure and services, enhance urban resilience, and strengthen urban management.Project Performance Evaluation Report for the Eco-Industrial Park Waste-to-Energy Project (Loan No. 3750/Investment No. 7576-PRC)
ONGOING EVALUATION. On 29 November 2018, the Board of Directors of the Asian Development Bank (ADB) approved a loan for the Eco-Industrial Park Waste-to-Energy Project with a facility of up to $100 million equivalent extended to Shanghai SUS Environment Company Limited (SUS). This funding was intended to finance a portfolio of waste-to-energy (WTE) facilities within eco-industrial parks in second and third-tier cities in the People's Republic of China.Project Performance Evaluation Report for Maxwealth Financial Leasing Co., Ltd. Industrial and Municipal Wastewater Treatment Project (People’s Republic of China) Loan 3811
ONGOING EVALUATION. This evaluation will assess the project against the evaluation criteria of development results, ADB additionality, ADB investment profitability, and ADB work quality following the Guidelines for the Preparation of Project Performance Evaluation Reports on Non-Sovereign Operations 6 and will identify issues, lessons, and recommendations from the project.
Project Performance Evaluation Report for PT. Supreme Energy Muara Laboh – Muara Laboh Geothermal Power Project (Indonesia) Loan 3487
Indonesia’s power demand was estimated to increase by 8.5% per annum in 2015-2019, resulting in a shortage of about 35 gigawatts (GW) before 2020. Moreover, in 2015, fossil fuels powered 88% of the electricity generation in Indonesia, while renewables, primarily in the form of hydropower and geothermal resources, accounted for the remainder. To address the anticipated electricity shortage and reduce dependence on fossil fuels, the Government of Indonesia launched a program in 2015 to provide an additional 35 GW of power capacity by 2019.
People’s Republic of China: Integrated Ecosystem and Water Resources Management in the Baiyangdian Basin Project
This project performance evaluation report (PPER) presents the findings of an independent evaluation of the Integrated Ecosystem and Water Resources Management in the Baiyangdian Basin Project in the People’s Republic of China (PRC). It assesses the project’s contribution to improving environmental conditions in Baiyangdian Basin. The PPER examines project preparation and formulation, design, and implementation, and it assesses project performance.Loan to Minsheng Financial Leasing Co. Ltd. for the Green Transport Finance in the People’s Republic of China (Loan No. 3558/ Investment No. 7517)
The Asian Development Bank (ADB) engaged with the financial leasing sector since 2012 to facilitate financing for the deployment of clean buses in the People’s Republic of China (PRC). This evaluation focuses on the loan provided to Minsheng Financial Leasing Co. Ltd. (MFL) in August 2017. ADB was concurrently implementing a technical assistance project to support clean buses and to enhance the additionality of the investments.
Electric Networks of Armenia CJSC Distribution Network Rehabilitation, Efficiency Improvement, and Augmentation Project (Armenia) Loan 3540
Armenia’s energy sector has undergone a series of reforms that have significantly improved its performance. The reforms involved the unbundling of a vertically integrated electricity subsector and the privatization of power and gas distribution networks and most generating companies. In particular, the Government of Armenia privatized the Armenian electric distribution networks in 2002 to the Electric Networks of Armenia CJSC (ENA).
Project Performance Evaluation Report for Grant 0245-TAJ: Central Asia Regional Economic Cooperation Corridor 3 (Dushanbe-Uzbekistan Border) Improvement Project
In 2011, the Asian Development Bank (ADB) approved a $120 million grant to Tajikistan to help finance improvement of the Dushanbe–Uzbekistan border road from kilometer (km) 5 to km 62 (the project road). The road, which forms part of the Central Asia Regional Economic Cooperation (CAREC) corridor 3, crosses the Gissar Valley and the town of Tursunzade.Jana Small Finance Bank Limited (formerly known as Janalakshmi Financial Services Limited) Debt Financing in India (Loan No. 7481)
In June 2016, the ADB Board of Directors approved a loan of up to $150 million (in rupee equivalent) to JSFB, which could take the form of either a bilateral loan or subscription to nonconvertible debentures. ADB also approved access to technical assistance (TA) of up to $250,000 under the regional Technical Assistance for Business Development and Implementation Support for Non-Sovereign Operations project.
Georgia: Regional Power Transmission Enhancement Project
This report presents the findings of the project performance evaluation of the Regional Power Transmission Enhancement Project in Georgia. This evaluation was prepared 5 years after the loan closed in May 2017 and 4 years after the project completion report (PCR), which was circulated in May 2018. This allowed enough time to pass for a proper assessment of the project’s effectiveness, progress, and longterm sustainability.