India: Transmission System Strengthening (Tamil Nadu)

SUMMARY

STATUS

Approved

MEMBER

India

SECTOR

Energy

E&S CATEGORY

Category B

PROJECT NUMBER

000006

FINANCING

APPROVED FUNDING

USD100 million

FINANCING TYPE

Sovereign

TIMELINE

CONCEPT REVIEW

April 19, 2016

APPRAISAL REVIEW/FINAL REVIEW

April 18, 2017

FINANCING APPROVAL

September 27, 2017

LATEST FIELD VISIT

March 2020

LOAN CLOSING/LAST DISBURSEMENT

September 30, 2021

OBJECTIVE

The objective is to enhance the capacity of the electricity supply in the Southern Region of India.

DESCRIPTION

The project is a subset of the “HVDC Bi-pole Link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) – North Trichur (Kerala)” which comprises three related schemes to expand the interstate transmission network in western and southern India.

PROJECT FINANCING

For more information about project financing, please review the project summary.

ENVIRONMENTAL AND SOCIAL INFORMATION

The Bank has decided to apply ADB’s Safeguard Policy Statement (2009) (ADB SPS) to the Project because: (i) it is consistent with the Bank’s Articles of Agreement and materially consistent with the provisions of the Bank’s Environmental and Social Policy and relevant Environmental and Social Standards; and (ii) the monitoring procedures that ADB has in place to ascertain compliance with the ADB SPS are appropriate for the Project. Under the ADB SPS, the Project is classified Category B for Environmental and Involuntary Resettlement, and Category C for Indigenous Peoples. An Initial Environmental Examination (IEE), including an Environmental Management Plan (EMP), and a Compensation Plan for Temporary Damages (CPTD) have been prepared and disclosed on the POWERGRID’s website and the Bank’s website.

PROJECT TEAM LEADER

Hongliang Yang

Principal Investment Operations Specialist

hyang@aiib.org

BORROWER

Anil Jain

Executive Director
Corporate Planning
POWERGRID

aniljain@powergridindia.com

IMPLEMENTING ENTITY

Anil Jain

Executive Director, Corporate Planning POWERGRID

aniljain@powergridindia.com

PROJECT NEWS

AIIB Partners on New Investments to Improve Energy Connectivity and Facilitate Private Equity Investments

PROJECT DOCUMENTS

AIIB DOCUMENTS

Project Summary (September 28, 2017)

Project Document (September 27, 2017)

Project Completion Note (November 24, 2021)

Project Implementation Monitoring Report (June 2021)

Project Implementation Monitoring Report (November 5, 2020)

Project Implementation Monitoring Report (October 2019)

Project Implementation Monitoring Report (July 2019)

CLIENT/COFINANCING PARTNER DOCUMENTS

Invitation for Tenders (February 13. 2018)

Invitation for Tenders (February 10. 2018)

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POLICY ON PUBLIC INFORMATION

PROJECT-AFFECTED PEOPLE'S MECHANISM

SPECIAL FUNDS RESOURCES

SPECIAL FUND APPLICATION FORM

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ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

HEADQUARTERS

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