Electricity Grid Modernization Project - Additional Financing: Report and Recommendation of the President

Reports and Recommendations of the President | August 2021

The original project will complete the installation of smart meters in the Kathmandu Valley and the automation of existing grid substations, and will finance the modernization of distribution and transmission systems in various parts of the country. The purpose of the proposed additional financing is to scale up critical investments in transmission and distribution that are now ready.

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 August 2021 is provided for the ADB projects 54107-001 and 54107-002 in Nepal.