Project Data Sheet
Project 44951-014
Project Data Sheet
Project 44951-014
| Project Name | Bibiyana II Gas Power Project | |||||
| Project Number | 44951-014 | |||||
| Borrower / Company | Summit Bibiyana II Power Company Limited |
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| Country / Economy | Bangladesh |
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| Location | ||||||
| Type or Modality of Assistance |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Private sector development |
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| Sector / Subsector | Energy / Conventional energy generation |
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| Gender | No gender elements | |||||
| Responsible ADB Department | Private Sector Operations Department | |||||
| Responsible ADB Division | Portfolio Management Division, PSOD | |||||
| Responsible ADB Officer | Mosnier, Zsuzsanna | |||||
| Project Sponsor(s) | GE Energy Summit Industrial & Mercantile Corp (Pvt) Ltd |
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| Description | The Project involves design, engineering, construction and operation of a 341MW combined cycle gas-fired power plant. | |||||
| Objectives and Scope | The Project helps alleviate a severe power shortage adversely impacting the country's economic growth and poverty reduction efforts by adding 341 MW of greenfield power capacity generating cleaner, efficient, reliable and affordable electricity. The Project also supports the economy by purchasing local goods and services and creating jobs for qualified locals in the Project area and in the country. The Project also enables private sector investment in power generation in Bangladesh, using a public-private partnership framework. |
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| Status of Development Objectives | The Project has been contributing to its development objectives. It has, among other indicators, successfully commissioned 341-megawatt power plant by 2016 running on indigenous gas and employed more than 900 people locally during construction and more than 70 people during operations. | |||||
| Status of Operation/Construction | Project Physical Completion was declared on 18 January 2017 while Project Financial Completion under the Finance Documents was declared on 31 January 2018. The plant operations are stable. ADB had committed $75 million for the project out of which $44 million was outstanding in June 2023. | |||||
| Linkage to Country/Regional Strategy | ADB's support for the Project is in line with Bangladesh's 2011-15 Country Partnership Strategy (CPS) and the government's Sixth Five-Year Plan FY2011-FY2015. The CPS emphasized the importance of ADB's support in ensuring reliable power supply and enhance access to power. The CPS also mentioned that private sector development will be prioritized to accelerate growth by addressing major infrastructure constraints, enhancing capacity for public private partnerships (PPP) and private sector investments. The project will contribute to the reduction of power supply gap which is one of the most critical obstacles to private sector investment and will improve the investment climate for private sector-led growth and poverty reduction. |
| Safeguard Categories | |
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| Environment | A |
| Involuntary Resettlement | B |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | Environmental impacts and risks of the Project and associated facilities during construction and operation include air emissions and ambient air quality, noise and vibration, water supply and wastewater discharge, erosion and runoff, impacts on flora and fauna, occupational and community health and safety, traffic safety, and waste generation. The project has implemented an Environmental Management Plan that addresses identified impacts and risks. Since the Project was under construction in anticipation of ADB's financing, an environmental compliance audit was undertaken to identify past or present concerns related to impacts on the environment. As a result of the audit, a corrective action plan was developed to remediate non-compliances. SBPCL has implemented required corrective actions. |
| Involuntary Resettlement | The project involves acquisition of 11 acres of land which is leased to the borrower for 22 years. Associated facilities such as gas pipeline, switchyard and access roads are shared with other plants in the area. Compensation has been completed for 31 affected households and a Livelihood Restoration Plan (LRP) was developed and implemented for affected households. LRP Audit was also undertaken in 2018 which indicated improvement in income for majority of affected households. |
| Indigenous Peoples | The project site and surrounding areas have no record of settlement of any ethnic groups that meet Safeguard Policy Statement criteria and could be considered as indigenous peoples. No indigenous peoples were impacted by the project. |
| Stakeholder Communication, Participation, and Consultation | Series of consultations were undertaken with different project stakeholders including affected households and the community before and during project construction. Continuous engagement with the community and other stakeholders are carried out now that the plant is operational and several CSR activities have been undertaken by the company. |
| Timetable for assistance design, processing and implementation | |
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| Concept Clearance | 25 Jul 2011 |
| Credit Committee Meeting | 20 Oct 2014 |
| Approval | 05 Dec 2014 |
| PDS Creation Date | 13 Jul 2011 |
| Last PDS Update | 08 Aug 2023 |