SASEC Bangladesh-India Electrical Grid Interconnection Project: Additional Financing

This additional financing will cover cost overruns from a funding gap in the SASEC Bangladesh-India Electrical Grid Interconnection Project, approved in 2010. The project contributes to efforts to establish cross-border interconnection between the western electrical grid of Bangladesh and the eastern electrical grid of India, and facilitates the exchange of electricity between the two countries.

PROJECT DETAILS

Approval25 Sep 2013
Funding TypeLoan
CountryBangladesh
SectorEnergy
StatusOngoing
Total Cost$40.40 million

KEY OUTPUTS

27 kilometers of 400 kV double-circuit transmission line in Bangladesh constructed

500 MW back-to-back HVDC substation (400kV/230kV) at Bheramara constructed

4 km 230 kV double-circuit loop-in loop-out and 230kV switching station at Bheramara to link to the transmission network in Bangladesh constructed

FINANCING

$12 million (Asian Development Bank)

$28.4 million (Government of Bangladesh)