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.
|Project Name||MFF - National Power Grid Development Investment Program - Tranche 2|
|Project Type / Modality of Assistance||Loan
|Source of Funding / Amount||
|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.|
|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.|
|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|
|Summary of Environmental and Social 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.|
|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 ADB Officer||Karbar, Vallabha R.|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||India Resident Mission|
Power Grid Corporation of India Limited
Mr. V.N. Kaul
"Saudami" Plot No. 2, Sector-29, Guragaon-122 001, Haryana, India
|MRM||06 Mar 2007|
|Approval||03 Mar 2009|
|Last Review Mission||-|
|PDS Creation Date||18 Sep 2009|
|Last PDS Update||09 Sep 2015|
|Approval||Signing Date||Effectivity Date||Closing|
|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%|
|Cofinancing||0.00||03 Mar 2009||124.00||0.00||100%|
|Status of Covenants|
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.
|Title||Document Type||Document Date|
|MFF - National Power Grid Development Investment Program Tranche 2: Procurement Plan||Procurement Plans||Jun 2015|
|National Power Grid Development Investment Program - Tranche 2||Project/Program Administration Manual||Oct 2009|
|National Power Grid Development Investment Program - Tranche 2||Design and Monitoring Frameworks||Mar 2009|
|Loan Agreement for National Power Grid Development Investment Program - Tranche 2 between Power Grid Corporation of India Limited and Asian Development Bank dated 27 March 2009||Loan Agreement (Ordinary Resources)||Mar 2009|
|Guarantee Agreement for National Power Grid Development Investment Program - Tranche 2 between India and Asian Development Bank dated 27 March 2009||Guarantee Agreements||Mar 2009|
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.
Evaluation Documents See also: Independent Evaluation
None currently available.
None currently available.
The Public Communications Policy (PCP) 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.
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