Nepal: Preparing the West Seti Hydroelectric Project

This technical assistance conducts the assessments, identifies and designs appropriate fiscal governance measures, carries out the economic and financial due diligence, and prepares a local area development program.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

16 Nov 2007

Technical Assistance

Nepal

Energy

Closed

$400,000

KEY OUTPUTS

Assessment of the macroeconomic impacts of the proposed West Seti Hydroelectric Project (WSHP), including external balances, fiscal, and monetary effects

Assessment of the impact of borrowing and investing in the WSHP on the Government’s financial plans and budget

Public finance and budget analysis to design a comprehensive framework of governance measures and monitoring mechanisms for the handling of revenues and expenditures from the WSHP in line with best practices

Analysis of the potential for economic growth and social development through benefits from projects

Project-related financial, economic, social, poverty reduction, and institutional analyses

Preparation of a small-scale local area development program for the project-affected area

FINANCING

$300,000 (Regional Cooperation and Integration Fund)

$100,000 (Government of Nepal)