Total Cost: US$ 225,000 (Technical Assistance) Status: Ongoing
This technical assistance will enhance capacity of SASEC countries to pursue energy efficiency initiatives. This technical assistance – requested during the Energy Working Group Meeting of South Asia Subregional Economic Cooperation (SASEC) in Bangkok on 21 October 2011 – will also help promote energy efficiency practices and skills sharing.
Total Cost: US$ 259.56 Million (Loan) Status: Ongoing
Nepal has abundant hydropower potential but faces chronic power shortages and low grid access to electricity. This loan will help Nepal address its urgent power system needs by facilitating expansion of domestic power transmission capacity, improving medium and long-term power exchange with India, augmenting and expanding distribution networks, and increasing mini-grid based renewable energy systems in rural areas. This project is part of the SASEC Power Transmission Master Plan.
Total Cost: US$ 40 Million (Loan) Status: Ongoing
This additional financing will cover cost overruns for construction of the Dagachhu Hydropower Plant of the Green Power Development Project, approved in 2008, that contributed to promoting cross-border power trade and domestic access to electricity. The project expanded coverage of sustainable clean power supply in Bhutan.
Total Cost: US$ 151.30 Million (Loan/Grant) Status: Ongoing
A recipient of the US Treasury Department's Development Impact Honors in 2013, this project constructed Dagachhu hydropower plant—the first certified cross-border clean development mechanism in the world—and increased access to green power for export to India. Remote schools, health clinics, and community facilities also benefit from access to green electricity. By promoting cross-border power trade and access to electricity, the project contributes to economic growth.
Total Cost: US$ 198.18 Million (Loan/Grant) Status: Ongoing
Construction of the 118 MW run-of-river Nikachhu hydropower plant will expand regional power trade by further increasing clean hydropower generation in Bhutan to meet growing domestic electricity demand, and also export power to India through a public-private partnership and the Clean Development Mechanism. Power exports account for one-third of government revenue: as such, hydropower revenues constitute a critical base of economic and social development in Bhutan.