48360-002: Hydroelectricity Financing Project | Asian Development Bank

Nepal: Hydroelectricity Financing Project

Sovereign (Public) Project | 48360-002 Status: Active

The TA impact will be increased investments in hydropower projects. The TA outcome will be strengthened capacity of HIDCL in financing hydroelectricity projects. The TA outputs will be (i) HIDCL's financial, project and credit risk management system enhanced, and (ii) HIDCL's environmental and social safeguard management system (ESMF) enhanced.

Project Details

Project Officer
Hoshino, Takuya South Asia Department Request for information
Country
  • Nepal
Modality
  • Technical Assistance
Sector
  • Finance
 
Project Name Hydroelectricity Financing Project
Project Number 48360-002
Country Nepal
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9280-NEP: Hydroelectricity Financing Project
Technical Assistance Special Fund US$ 225,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance / Infrastructure finance and investment funds

Gender Equity and Mainstreaming No gender elements
Description The TA impact will be increased investments in hydropower projects. The TA outcome will be strengthened capacity of HIDCL in financing hydroelectricity projects. The TA outputs will be (i) HIDCL's financial, project and credit risk management system enhanced, and (ii) HIDCL's environmental and social safeguard management system (ESMF) enhanced.
Project Rationale and Linkage to Country/Regional Strategy The TA will support the Hydroelectricity Investment and Development Company Limited (HIDCL) enhance its project readiness in environmental, social safeguard, and financial risk management for future introduction of an ADB credit line.
Impact Investments in hydropower projects increased
Project Outcome
Description of Outcome HIDCL capacity in financing hydroelectricity projects strengthened
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

HIDCL's financial, project and credit risk management system enhanced

HIDCL's environmental and social safeguard management system enhanced

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services The TA will require 5 person-months of international consulting services for strengthening HIDCL's financial, project and credit risk management capacities, and 2 person-months of international and 3 person-months national consulting services for strengthening HIDCL's environmental and social safeguard management capacities, and conducting independent safeguards monitoring. The TA will be implemented over 2 years starting in January 2017. After reconfirmation of the TA scope by the government, the two international consultants were recruited in Q2 2017 and started to be fielded in Q3 2017. The other national safeguard expert will be recruited in Q4 2017. The most of the deliverables will be carried out by Q1 2018.
Procurement None.
Responsible ADB Officer Hoshino, Takuya
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Ministry of Finance
The Government of Nepal
Singha Durbar
Kathmandu, Nepal
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 14 Dec 2016
Last Review Mission -
Last PDS Update 13 Sep 2017

TA 9280-NEP

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
14 Dec 2016 - 14 Dec 2016 31 Jan 2019 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
225,000.00 0.00 0.00 0.00 0.00 0.00 225,000.00 14 Dec 2016 30,011.51

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.

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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

None currently available.

Related Publications

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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.