fbpx 49450-022: Preparing the Pacific Renewable Energy Investment Facility (Phase 2) | Asian Development Bank

Regional: Preparing the Pacific Renewable Energy Investment Facility (Phase 2)

Sovereign (Public) Project | 49450-022 Status: Active

The proposed transaction technical assistance (TA) facility will conduct required due diligence and provide project preparation and procurement support, capacity building, and policy recommendations for seven ensuing energy sector projects for approval in 2019 -2022 under the Pacific Renewable Energy Investment Facility. The facility, approved in June 2017, is designed to finance a large number of small-value renewable energy projects in the 11 smaller Pacific island countries (PIC-11). The facility will benefit the PIC-11 economies through (i) an improved balance of trade by reducing fossil fuel imports, (ii) improved energy security, (iii) downward pressure on tariffs, and (iv) and reduced greenhouse gas emissions. The facility supports the PIC-11 in transforming their power sectors from diesel to sustainable renewable energy generation sources; and supports sector reform, private sector development, and capacity building.

 
Project Name Preparing the Pacific Renewable Energy Investment Facility (Phase 2)
Project Number 49450-022
Country Regional
Cook Islands
Micronesia, Federated States of
Kiribati
Nauru
Palau
Marshall Islands
Tuvalu
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9772-REG: Preparing the Pacific Renewable Energy Investment Facility (Phase 2)
Technical Assistance Special Fund US$ 3.00 million
Strategic Climate Fund - SREP US$ 1.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Energy / Electricity transmission and distribution - Energy sector development and institutional reform - Renewable energy generation - small hydro - Renewable energy generation - solar - Renewable energy generation - wind

Gender Equity and Mainstreaming Some gender elements
Description The proposed transaction technical assistance (TA) facility will conduct required due diligence and provide project preparation and procurement support, capacity building, and policy recommendations for seven ensuing energy sector projects for approval in 2019 -2022 under the Pacific Renewable Energy Investment Facility. The facility, approved in June 2017, is designed to finance a large number of small-value renewable energy projects in the 11 smaller Pacific island countries (PIC-11). The facility will benefit the PIC-11 economies through (i) an improved balance of trade by reducing fossil fuel imports, (ii) improved energy security, (iii) downward pressure on tariffs, and (iv) and reduced greenhouse gas emissions. The facility supports the PIC-11 in transforming their power sectors from diesel to sustainable renewable energy generation sources; and supports sector reform, private sector development, and capacity building. The proposed TA is included in the PIC-11 country operations business plan, 2019- 2021.
Project Rationale and Linkage to Country/Regional Strategy The facility impact is improved energy security following the outcome of lower cost and cleaner electricity generation. The facility outputs are (i) renewable energy generation constructed and (ii) sector reform undertaken. The facility will finance renewable energy projects in the PIC-11 with an overall estimated cost of $750 million, comprising (i) up to $200 million in Asian Development Bank (ADB) financing, (ii) an estimated $500 million from cofinancing sources, and (iii) an estimated $50 million from government counterpart financing. ADB will consider projects to be financed by the facility up to July 2022, while the implementation period will be up to July 2025.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Cook Islands - Nation-wide; Kiribati - Nation-wide; Marshall Islands - Nation-wide; Micronesia, Federated States of - Nation-wide; Nauru - Nation-wide; Palau - Nation-wide; Tuvalu - 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 ADB will engage consultants following the ADB Guidelines on the Use of Consultants (2013, as amended from time to time). The TA facility will require 144 person-months of international consultants' and 78 person-months of national consultants' input. ADB will engage the consultant firms through quality- and cost-based selection using simplified technical proposals, through single-source selection or variation of ongoing contracts under ADB''s TA for Preparing the Pacific Renewable Energy Investment Facility following the facility's streamlined procedures. For single-source selection, consultants may be selected from those already engaged under the facility whose contracts allow for extension or further engagement to prepare additional renewable energy projects under the facility. Output-based contracts will be used wherever appropriate, such as for the Kiribati project.
Procurement No procurement is envisaged under the technical assistance
Responsible ADB Officer Cinderella Tiangco
Responsible ADB Department Pacific Department
Responsible ADB Division PAEN
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 19 Jul 2019
Last Review Mission -
Last PDS Update 01 Aug 2019

TA 9772-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
19 Jul 2019 - 19 Jul 2019 31 Aug 2022 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,000,000.00 1,000,000.00 0.00 0.00 0.00 0.00 4,000,000.00 19 Jul 2019 0.00

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.

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

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

Tender Title Type Status Posting Date Deadline
Preparing the South Tarawa Renewable Energy Project Firm - Consulting Closed 04 May 2019 20 May 2019

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.