Regional : Promoting Energy Transition through Regional Cooperation and Integration in South Asia
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 Officer
Acharya, Jiwan S.
Sectors Group
Request for information -
Country/Economy
Regional -
Sector
- Energy
- 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 Source Amount Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 3.00 million TA 10162-REG: Promoting Energy Transition through Regional Cooperation and Integration in South Asia Source Amount Technical Assistance Special Fund US$ 700,000.00 TA 10162-REG: Promoting Energy Transition through Regional Cooperation and Integration in South Asia Source Amount ATF - DFID-United Kingdom US$ 625,000.00 - 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
Contact
- 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
Funding
TA 10162-REG
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 20 Oct 2023 | - | 20 Oct 2023 | 30 Sep 2028 | - | - |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 700,000.00 | 3,625,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,325,000.00 |
| Date | Amount |
|---|---|
| 06 Sep 2024 | 318,105.27 |
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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| Title | Document Type | Document Date |
|---|---|---|
| Promoting Energy Transition through Regional Cooperation and Integration in South Asia: Technical Assistance Report | Technical Assistance Reports | Oct 2023 |
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Evaluation Documents See also: Independent Evaluation
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Related Publications
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Tenders
Contracts Awarded
Procurement Plan
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