SASEC Power System Expansion Project – Additional Financing
This additional financing will expand the scope of the original project to support installation of utility-scale solar power to help address chronic power shortages and fuel supply deficits in Nepal. The overall project will help Nepal address its urgent power system needs by facilitating expansion of domestic power transmission capacity, improving power exchange with India, augmenting and expanding distribution networks, and increasing mini-grid based renewable energy systems in rural areas.
|Approval||13 Dec 2016|
|Total Cost||$44.50 million|
Capacity development support to the Nepal Electricity Authority on solar project development and output
Installation of at least 25 megawatt utility scale solar photovoltaic project development
$24.5 million (Government of Nepal)
$20 million (ADB Strategic Climate Fund)