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

Sovereign Project | 39630-033 Status: Closed

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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Project Name MFF - National Power Grid Development Investment Program - Tranche 2
Project Number 39630-033
Country India
Project Status Closed
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 Staff

Responsible ADB Officer Karbar, Vallabha R.
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 10 Feb 2016
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 124.00 0.00 100%
Counterpart 235.90 Cumulative Disbursements
Cofinancing 0.00 03 Mar 2009 124.00 0.00 100%
Status of Covenants
Category Sector Safeguards Social Financial Economic Others
Rating Satisfactory Satisfactory Satisfactory Satisfactory - Satisfactory

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.

Title Document Type Document Date
National Power Grid Development Investment Program - Tranches 1 and 2: Semiannual Social Safeguard Monitoring Report (October 2015-March 2016) Social Monitoring Reports Sep 2016
National Power Grid Development Investment Program (Tranches 1 & 2): Environmental Monitoring Report (April-September 2015) Environmental Monitoring Reports Mar 2016
National Power Grid Development Investment Program - Tranches 1 & 2: Semiannual Social Safeguard Monitoring Report (October 2014-March 2015) Social Monitoring Reports Oct 2015
National Power Grid Development Investment Program (Tranches 1 & 2): Environmental Monitoring Report (October 2014-March 2015) Environmental Monitoring Reports Jul 2015
National Power Grid Development Investment Program (Tranche 1 and 2): Environmental Monitoring Report (April-September 2014) Environmental Monitoring Reports Nov 2014
National Power Grid Development Investment Program (Tranche 1 & 2): Environmental Monitoring Report (October 2013-March 2014) Environmental Monitoring Reports Jul 2014
National Power Grid Development Investment Program - Tranche 1 & 2: Biswanath Chariali-Agra Transmission Line Social Monitoring Reports Feb 2014
National Power Grid Development Investment Program (Tranche 1 & 2): Environmental Monitoring Report (January-June 2013) Environmental Monitoring Reports Nov 2013
National Power Grid Development Investment Program (Tranche 1 & 2): Environmental Monitoring Report (January-June 2012) Environmental Monitoring Reports Nov 2012
National Power Grid Development Investment Program - Tranche 1 and Tranche 2: Semiannual Environmental Monitoring Report (July - December 2011) Environmental Monitoring Reports Apr 2012
National Grid Development Investment Program - Tranche 1 and Tranche 2 Environmental Monitoring Reports Sep 2011

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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