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Project Information
Investment ID: 3801
Bank: Asian Development Bank
Environmental Category: B
Country: Bangladesh
Region: South Asia
Approval Date: July 29, 2019
Investment Types: Loans
Total Project Cost: USD 15.0 million
Total Complaints: 1
Description
The project consists of a 35-megawatt (net) grid connected solar power plant in Paturia, Shibaloy, Manikgonj, located approximately 85 kilometers west of Dhaka. The project site includes 141 acres of land, all of which has been purchased and is now owned by the project company, Spectra Solar Park Limited (SSPL). Project facilities include: ground-mounted solar PV panels and associated electrical equipment; and an approximately 7 km interconnection transmission line to the nearest substation. Spectra Engineers Limited and Shunfeng Investments Limited are the Sponsors for SSPL. SSPL is the borrower for the loan and will build, own, and operate the project. The project Power Purchase Agreement was signed with Bangladesh Power Development Board in 2018.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Loans | 3801 | USD 15.0 million | Planned | ADB |
Related Complaints
Asian Development Bank SPF CRP Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
Spectra Solar Power Project | ADB SPF CRP | Bangladesh | 17/02/2021 | Closed Without Outputs |