SASEC Electricity Transmission and Distribution Strengthening Project

This will support Nepal in improving the reliability and sustainability of its electricity supply and its cross-border electricity-trading activities. The project will finance various high-priority electricity grid transmission and distribution-strengthening investments. The project will be aligned with the following impacts: (i) reliable and efficient electricity for all achieved; (ii) energy trade between SASEC countries increased (SASEC Operational Plan Update, 2016–2025).


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

29 Dec 2023

Technical Assistance

Nepal

Energy

Ongoing

$2.75 million

KEY OUTPUTS

Strengthened financial management, internal controls, and governance of the Nepal Electricity Authority

Improved capacity of the Nepal Electricity Authority to undertake cross-border power trading

Increased capacity of the Nepal Electricity Authority to facilitate and manage third party access to its transmission network

Enhanced capacity development program for the Nepal Electricity Authority

FINANCING

$500,000 (Technical Assistance Special Fund)

$1 million (Strategic Climate Fund)

$750,000 (Technical Assistance Special Fund)

$500,000 (Project Preparation and Implementation Support Trust Fund)