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Project Information
Investment ID: 50059-002
Bank: Asian Development Bank
Environmental Category: B
Country: Nepal
Region: South Asia
Approval Date: June 29, 2017
Investment Types: Advisory services, Loans
Total Project Cost: USD 152.0 million
Total Complaints: 1
Description
Electricity is a necessary requirement for accelerating the economic development of any country and is considered an important input to improve quality of life. Overall, the electricity demand has far outgrown the supply, leading to load curtailment and increased dependence on imports from India in recent times. The peak suppressed demand in Nepal in FY20132014 has been around 1,200 megawatt (MW) as against installed capacity of 787 MW, hence resulting in a deficit of about 440 MW due to non-availability of generation. Government has plans to generate additional 10,000 MW in the next 10 years. About 63% of the population in Nepal has access to electricity but the supply quality is unreliable and inadequate. The government has recognized the immediate need for reinforcement and upgrade of outdated distribution systems crucial to deliver the required energy to the customers even if the generation and transmission lines are in place.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Advisory services, Loans | 50059-002 | USD 152.0 million | Active | ADB | Nepal Electricity Authority (NEA) |
Related Complaints
Asian Development Bank SPF CRP Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
Power Transmission and Distribution Efficiency Enhancement Project | ADB SPF CRP | Nepal | 31/08/2021 | Closed Without Outputs |
Implementers
Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
---|---|---|---|---|---|
Nepal Electricity Authority (NEA) |