Regional : Promoting Energy Transition through Regional Cooperation and Integration in South Asia

Sovereign Project | 57116-001

The regional knowledge and support technical assistance (TA) will identify and prepare cross-border power projects, capacity development for the energy sector's Regional Cooperation and Integration (RCI) under the South Asia Subregional Economic Cooperation (SASEC) program and improve collaboration between the agencies working in the SASEC sub-region.

Project Details

Project Name Promoting Energy Transition through Regional Cooperation and Integration in South Asia
Project Number 57116-001
Country / Economy Regional
Bangladesh
Bhutan
India
Maldives
Nepal
Sri Lanka
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 10162-REG: Promoting Energy Transition through Regional Cooperation and Integration in South Asia Subregional Economic Cooperation
Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 3.00 million
TA: Promoting Energy Transition through Regional Cooperation and Integration in South Asia
Technical Assistance Special Fund US$ 700,000.00
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP7: Fostering regional cooperation and integration
Sector / Subsector

Energy / Energy sector development and institutional reform

Gender Effective gender mainstreaming
Description

The regional knowledge and support technical assistance (TA) will identify and prepare cross-border power projects, capacity development for the energy sector's Regional Cooperation and Integration (RCI) under the South Asia Subregional Economic Cooperation (SASEC) program and improve collaboration between the agencies working in the SASEC sub-region.

The TA will support the implementation of the SASEC Operational Plan, 2016-2025, which SASEC member countries endorsed in 2016. In 2017, SASEC finance ministers endorsed the SASEC Vision--the overarching framework and long-term strategy to support partnership among member countries--at a meeting in Delhi. SASEC officials agreed upon the flagship initiatives in the SASEC Vision at a subsequent meeting in Yokohama, Japan. The initiatives highlighted energy security and connectivity across the SASEC subregion to enhance cross-border power trade. In 2020, an updated SASEC Operational Plan was released with the aim of spurring the interest of member governments and development partners in considering SASEC projects in their programming discussions. To maintain the momentum and advance these activities, a TA is needed to build capacity of the SASEC member countries to enhance regional collaboration and to prepare cross-border projects of regional significance to meet the energy security and climate ambitions.

Project Rationale and Linkage to Country/Regional Strategy The SASEC countries are going through a phase of economic transformation fueled by a dramatic increase in energy consumption. The demand for energy has risen rapidly in the past decade and is expected to continue in this decade and beyond. Collectively, South Asia has made good progress in providing electricity access to its hardest-to-reach populations. However, expanding reliability and availability of clean, affordable power remains crucial to consolidating the developmental gains from improved access. The region remains characterized by some of the lowest per capita energy consumptions globally. South Asia is endowed with rich natural and demographic resources, but also confronts multiple development hurdles such as: (i) poor energy security as a consequence of heavy dependence on fossil fuels, particularly coal and oil; (ii) inadequate and undersized infrastructure affecting energy reliability, efficiency, and safety; (iii) climate change; and (iv) limited access to capital arising from policy uncertainty and regulatory barriers.
Impact

Clean energy trade in the SASEC region accelerated

Project Outcome
Description of Outcome

Cross-border clean energy project options made available improved

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Cross-border clean energy projects identified and developed

Initiatives of subregional cooperation programs on energy and selected utilities supported

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Bangladesh - Nation-wide; Bhutan - Nation-wide; India - Nation-wide; Maldives - Nation-wide; Nepal - Nation-wide; Sri Lanka - 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 Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions.
Procurement N/A
Responsible ADB Officer Acharya, Jiwan S.
Responsible ADB Department Sectors Group
Responsible ADB Division Energy Sector Office (SG-ENE)
Executing Agencies
Asian Development Bank
Timetable
Concept Clearance 28 Aug 2023
Fact Finding 21 Aug 2023 to 25 Aug 2023
MRM -
Approval 20 Oct 2023
Last Review Mission -
Last PDS Update 20 Oct 2023

TA 10162-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
20 Oct 2023 - 20 Oct 2023 30 Sep 2028 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 3,000,000.00 0.00 0.00 0.00 0.00 3,000,000.00 30 Nov 2023 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.

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

Tender Title Type Status Posting Date Deadline
International - Safeguard Specialist (Environment - Fisheries Expert) Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.