South Asia Subregional Economic Cooperation Electricity Transmission and Distribution Strengthening Project
The project will address the limitations of the grid infrastructure in Nepal in meeting the growing domestic electricity demand and green electricity export aspirations. It will finance some of the high-priority components of Nepal’s transmission and distribution master plans to improve electricity evacuation from domestic hydropower plants and deliver electricity to domestic demand centers, and to transmission hubs for cross-border electricity trade.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
20 Dec 2024 Loan/Grant Nepal Energy Ongoing $662 million | |
| KEY OUTPUTS |
Strengthened and modernized electricity transmission capacity Modernized electricity distribution system Developed livelihood capacity of women and disadvantaged groups, and enhanced institutional capacity of NEA and government agencies |
| FINANCING |
$30 million (Asian Development Fund) $31 million (Norwegian Grant (w/ LoA)) $22.6 million (European Union) $100 million (OPEC Fund for International Development) $10 million (Strategic Climate Fund) $311 million (Asian Development Bank Concessional ordinary capital resources lending) $157.4 million (Government of Nepal) |
Contact the SASEC Secretariat at:
sasec@adb.org