Nepal: Electricity Grid Modernization Project
This project will finance high-priority electricity grid modernization investments in Nepal's transmission and distribution systems. It will help increase the capacity and reach of Nepal’s power distribution networks to meet current and future demands, improve reliability and quality of supply, and reduce losses. The project will also help promote regional cooperation and integration by boosting the Nepal Electricity Authority's capacity to operationalize the Nepal Power Trading Company Limited, its new power trading company.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
30 Dec 2020 Loan Nepal Energy Ongoing $195 million | |
| KEY OUTPUTS |
Electricity transmission capacity in project areas strengthened and modernized. Electricity distribution system in project areas strengthened and modernized. Capacity of Nepal Electricity Authority to implement its Corporate Development Plan strengthened. |
| FINANCING |
$156 million (Asian Development Fund) $39 million (Government of Nepal) |
Contact the SASEC Secretariat at:
sasec@adb.org