Electricity Grid Modernization Project: Report and Recommendation of the President

Reports and Recommendations of the President | November 2020

The project will finance high-priority electricity grid modernization investments in transmission and distribution systems in Nepal, and support sector reform and financial sustainability of Nepal Electricity Authority (NEA). The project will complete the installation of smart meters in the Kathmandu Valley and the automation of existing grid substations throughout the country, and finance the modernization of other distribution and transmission systems in various parts of the country, which were initiated through earlier approved projects of the Asian Development Bank (ADB).

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 November 2020 is provided for the ADB project 54107-001 in Nepal.

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