Cornerstone Investment in a Leading Power Developer: Report and Recommendation of the President | Asian Development Bank

Cornerstone Investment in a Leading Power Developer: Report and Recommendation of the President

Reports and Recommendations of the President | March 2018

To support the government’s initiatives, ADB and other international financial institutions have made investing in Bangladesh’s power infrastructure a strategic priority. This project is for an equity investment in Summit Power International Limited (Summit) for the cornerstone investment in a leading power developer in Bangladesh. The report also describes the proposed administration of an equity investment to be provided by Leading Asia's Private Infrastructure Fund (LEAP).

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated March 2018 is provided for the ADB project 51400-001 in Bangladesh.

Linked Documents

  1. Sector Overview
  2. Client Information [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  3. Details of Implementation Arrangements [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  4. Contribution to the ADB Results Framework
  5. Financial Analysis [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  6. Economic Analysis [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  7. Country Economic Indicators
  8. Summary Poverty Reduction and Social Strategy
  9. Safeguards and Social Dimensions Summary [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  10. Environmental and Social Management System Arrangements [Withheld from Disclosure per Para. 97 (v) of PCP 2011]
  11. Integrity and Tax Due Diligence Disclosure [Withheld from Disclosure per Para. 97 (v) of PCP 2011]