Access to Clean Energy Investment Project (ADB-49056-001)

Countries
  • Pakistan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 15, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Climate and Environment
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 2, 2020

Disclosed by Bank Sep 21, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

DESCRIPTION

The project preparatory technical assistance (PPTA) will undertake necessary due diligence to prepare the project and assist the pre-implementation works (see Appendix 4). The PPTA is estimated to cost $1.8 million, of which $1.5 million will be financed on a grant basis using ADB's Technical Assistance Special Fund (TASF-V). The PPTA will employ (i) an international consulting firm to conduct the feasibility study, technical, financial and economic due diligence, prepare bidding documents and functional technical specifications, prepare a hydro power development plan for Khyber Phaktunkhwa (KPK), scoping for investment project, and conduct sector assessment; and (ii) individual experts to assist in evaluating bids, conduct due diligence required for results-based lending, scoping for introduction of technical education on maintenance and operations of micro-hydropower plants, and other required services are summarized in Table A3.3. For hiring firm, quality- and cost-based selection method (90:10) will be used with full technical proposal. Pakhtunkhwa Electricity Development Organization in KPK and Office of the Secretary, Energy Department in Punjab will be the executing agencies for the project. Each executing agency will establish project management units at each of their offices.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

1. The project preparatory technical assistance (PPTA) is necessary on the following grounds:

(i) The investment project is urgently needed in Pakistan.

(ii) While the government has a plan to invest in the project, there is a need to conduct a detailed due diligence and pre-feasibility to process the investment project and loan.

(iii) Executing agency's lack of capacity and resources to conduct the required due diligence.

(iv) Expertise of competent international and national consultants is needed to prepare the project considering its technical complexity and scale.

CONSULTING SERVICES

The PPTA has engaged (i) an international consulting firm to conduct the feasibility study, technical, financial and economic due diligence, prepare bidding documents and functional technical specifications, prepare a hydro power development plan for Khyber Phaktunkhwa (KPK), scoping for investment project, and conduct sector assessment; and (ii) individual experts to assist in evaluating bids, conduct due diligence required for results-based lending, scoping for introduction of technical education on maintenance and operations of micro-hydropower plants, and other required services.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

TA 9047-PAK: Access to Clean Energy Investment Project
Technical Assistance Special Fund US$ 1.50 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main

CONTACTS

Responsible ADB Officer Tareen, Adnan
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Energy Division, CWRD
Executing Agencies
Energy Department, Government of Punjab
8th Floor, EFU House, 6D_Main Gulberg,
Jail Road, Lahore, Pakistan
Pakhtunkhwa Energy Development Organization
Plot # 38, Sect B-2, Phase-5, Hayatabad, Peshawar

How it works

How it works