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Pakistan: Preparing Lower Palas Hydropower Project

Sovereign (Public) Project | 52193-002 Status: Dropped / Terminated

The proposed transaction TA will initiate due diligence and update the feasibility study for a medium-sized run of river Lower Palas Hydropower Project (665-MW). The proposed TA will review the existing documentation and commence preparation of the project for ADB's consideration in 2019. The TA will be complemented by a supplemental transaction TA to be approved in early 2019, which will pick up and conclude the remaining project preparatory work for ADB to consider and lead financing of this as well as one additional hydropower project (Patan Hydropower Development Project 2400-MW).

Project Details

Project Officer
Aleem, Asad Central and West Asia Department Request for information
Country
  • Pakistan
Sector
  • Energy
 
Project Name Preparing Lower Palas Hydropower Project
Project Number 52193-002
Country Pakistan
Project Status Dropped / Terminated
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9674-PAK: Preparing Lower Palas Hydropower Project
Technical Assistance Special Fund US$ 225,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Private sector development
Sector / Subsector

Energy / Large hydropower generation

Gender Equity and Mainstreaming Some gender elements
Description The proposed transaction TA will initiate due diligence and update the feasibility study for a medium-sized run of river Lower Palas Hydropower Project (665-MW). The proposed TA will review the existing documentation and commence preparation of the project for ADB's consideration in 2019. The TA will be complemented by a supplemental transaction TA to be approved in early 2019, which will pick up and conclude the remaining project preparatory work for ADB to consider and lead financing of this as well as one additional hydropower project (Patan Hydropower Development Project 2400-MW).
Project Rationale and Linkage to Country/Regional Strategy Despite nearly 100 gigawatts (GW) of recognized hydropower potential in Pakistan, only 9.4 GW has been realized to date. Country's current power generation mix is deeply tilted towards thermal generation from imported fuels at 69%, which on average costs 3 times more per unit than indigenous hydropower generation. This imbalance has primarily put severe pressure on fragile balance of payments situation, undercut sector governance, mopped up sector liquidity, and created unfunded circular debt of PRs. 950 billion ($8.2 billion) as of now.
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
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Aleem, Asad
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Energy Division, CWRD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval -
Last Review Mission -
Last PDS Update 10 Dec 2018

TA 9674-PAK

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
07 Dec 2018 - 07 Dec 2018 30 Jun 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 07 Dec 2018 0.00

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