The project involves the construction and operation of a 50 MW solar power plant, and associated transmission line, in the Thanh Thanh Cong Industrial Zone of Tay Ninh Province in southern Viet Nam (50kilometer from Ho Chi Minh City). The project will be one of the first international project financed solar power projects in the country and has an expected
cost of approximately $[51] million.
| Project Name | Gulf Solar Power Project | |||||||||||||||
| Project Number | 53106-001 | |||||||||||||||
| Borrower/Company | Gulf Energy Development Public Company Limited TTC Energy Development Investment Joint Stock Company Thanh Thanh Cong Group |
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| Country | Viet Nam |
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| Location | Nation-wide | |||||||||||||||
| Type or Modality of Assistance |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Private sector development |
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| Sector / Subsector | Energy / Renewable energy generation - solar |
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| Gender Equity and Mainstreaming | No gender elements | |||||||||||||||
| Responsible ADB Department | Private Sector Operations Department | |||||||||||||||
| Responsible ADB Division | Infrastructure Finance Division 2 | |||||||||||||||
| Responsible ADB Officer | Gulshan, Karan Raj | |||||||||||||||
| Project Sponsor(s) | Gulf Energy Development Public Company Limited |
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| Description | The project involves the construction and operation of a 50 MW solar power plant, and associated transmission line, in the Thanh Thanh Cong Industrial Zone of Tay Ninh Province in southern Viet Nam (50kilometer from Ho Chi Minh City). The project will be one of the first international project financed solar power projects in the country and has an expected cost of approximately $[51] million. |
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| Objectives and Scope | ||||||||||||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
|---|---|
| Environment | B |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
|---|---|
| Concept Clearance | 16 Apr 2019 |
| Credit Committee Meeting | 18 Sep 2019 |
| Approval | 05 Nov 2019 |
| Last PDS Update | 06 Feb 2020 |
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.
| Title | Document Type | Document Date |
|---|---|---|
| Gulf Solar Power Project: Report and Recommendation of the President | Reports and Recommendations of the President | Oct 2019 |
| Gulf Solar Power Project: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Oct 2019 |
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.
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ADB Loan to Unlock Long-Term Financing for Solar Power in Viet Nam
ADB today signed a $37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in Tay Ninh...