SASEC Power System Expansion Project
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.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
5 Aug 2014 Loan/Grant Nepal Energy Ongoing $440 million | |
| KEY OUTPUTS |
236.5 km transmission lines, grid substations, and grid service substations 1,680 km of distribution lines, and substations constructed Mini hydro-electric power plants and mini-grid based solar or solar/wind hybrid systems installed |
| FINANCING |
$180 million (Asian Development Fund) $11.2 million (ADB Strategic Climate Fund) $68.8 million (Government of Nepal) $60 million (Government of Norway) $120 million (European Investment Bank) |
Contact the SASEC Secretariat at:
sasec@adb.org