Bangladesh : Sustainable Power Sector Development Program (Program Loan)
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 Details
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Project Officer
Song, Pil-Bae
South Asia Department
Request for information -
Country/Economy
Bangladesh -
Modality
-
Sector
- Energy
Project Name | Sustainable Power Sector Development Program (Program Loan) | ||||
Project Number | 36107-023 | ||||
Country / Economy | Bangladesh |
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Project Status | Closed | ||||
Project Type / Modality of Assistance | Loan |
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Source of Funding / Amount |
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Strategic Agendas | Inclusive economic growth |
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Drivers of Change | Governance and capacity development Private sector development |
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Sector / Subsector | Energy / Conventional energy generation |
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Gender | 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. |
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Impact |
Project Outcome | |
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Description of Outcome | |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location |
Safeguard Categories | |
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Environment | B |
Involuntary Resettlement | A |
Indigenous Peoples | B |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Business Opportunities | |
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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 Ministry of Power, Energy and Mineral Resources |
Timetable | |
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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 | |||||
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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 | ||||
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Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
Project Cost | 183.00 | Cumulative Contract Awards | |||
ADB | 60.00 | 17 Jun 2022 | 64.00 | 0.00 | 100% |
Counterpart | 123.00 | Cumulative Disbursements | |||
Cofinancing | 0.00 | 17 Jun 2022 | 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 Access to Information Policy (AIP) 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 |
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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 Project | Design and Monitoring Frameworks | Jun 2007 |
Sustainable Power Sector Development Program | Reports and Recommendations of the President | 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 |
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Bangladesh: Sustainable Power Sector Development Program | Validations of Project Completion Reports | Aug 2017 |
Related Publications
None currently available.
The Access to Information Policy (AIP) 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
Contracts Awarded
Procurement Plan
None currently available.