India : Power Sector Reform Program (Subprogram 1)
The proposed programmatic approach Policy-Based Loan (PBL) will support the urgently required electricity sector reforms to restore the financial viability in electricity distribution in an inclusive manner, improve quality of service and private sector participation and contribute to climate change mitigation by facilitating renewable energy integration.
Project Details
-
Project Officer
George, Len V.
Sectors Group
Request for information -
Country/Economy
India -
Sector
- Energy
| Project Name | Power Sector Reform Program (Subprogram 1) | ||||||||||||||||||
| Project Number | 55080-001 | ||||||||||||||||||
| Country / Economy | India |
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| Project Status | Active | ||||||||||||||||||
| Project Type / Modality of Assistance | Loan Technical Assistance |
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| Source of Funding / Amount |
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| Operational Priorities | OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP4: Making cities more livable OP6: Strengthening governance and institutional capacity |
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| Sector / Subsector |
Agriculture, natural resources and rural development / Rural water policy, institutional and capacity development Energy / Electricity transmission and distribution - Energy sector development and institutional reform - Renewable energy generation - solar Public sector management / Reforms of state owned enterprises |
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| Gender | Some gender elements | ||||||||||||||||||
| Description | The proposed programmatic approach Policy-Based Loan (PBL) will support the urgently required electricity sector reforms to restore the financial viability in electricity distribution in an inclusive manner, improve quality of service and private sector participation and contribute to climate change mitigation by facilitating renewable energy integration. | ||||||||||||||||||
| Project Rationale and Linkage to Country/Regional Strategy | The government has announced series of initiatives to restore the financial viability of DISCOMs and operational performance. These reforms are designed to address the immediate cashflow problems due to COVID-19 and address some of the structural and institutional impediments to improved performance of DISCOMs. The programmatic approach PBL is appropriate as the Government of India has a clearly articulated comprehensive reform program and the programmatic approach PBL provides ADB an opportunity to engage with central government and state governments in a sequential manner to ensure the proposed reforms are implemented. | ||||||||||||||||||
| Impact | |||||||||||||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | B |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | George, Len V. |
| Responsible ADB Department | Sectors Group |
| Responsible ADB Division | Energy Sector Office (SG-ENE) |
| Executing Agencies |
The Ministry of Power |
| Timetable | |
|---|---|
| Concept Clearance | 06 Dec 2021 |
| Fact Finding | 04 Jul 2022 to 03 Nov 2022 |
| MRM | 10 May 2023 |
| Approval | 29 Nov 2023 |
| Last Review Mission | - |
| Last PDS Update | 29 Nov 2023 |
Loan 4401-IND
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 29 Nov 2023 | 15 Dec 2023 | 29 Dec 2023 | 31 Oct 2024 | - | - |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 250.00 | Cumulative Contract Awards | |||
| ADB | 250.00 | 14 Jan 2024 | 0.00 | 0.00 | 0% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 14 Jan 2024 | 0.00 | 0.00 | 0% |
TA 10204-IND
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 29 Nov 2023 | 22 Dec 2023 | 22 Dec 2023 | 31 Jul 2025 | - | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 1,000,000.00 | 500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,500,000.00 | 14 Jan 2024 | 0.00 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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| Title | Document Type | Document Date |
|---|---|---|
| Program Agreement for Loan 4401-IND: Power Sector Reform Program (Subprogram 1) | Project/Program Agreements | Dec 2023 |
| Loan Agreement (Ordinary Operations) for Loan 4401-IND: Power Sector Reform Program (Subprogram 1) | Loan Agreement (Ordinary Resources) | Dec 2023 |
| Supporting Power Market Reforms for Renewable Energy Integration: Technical Assistance Report | Technical Assistance Reports | Nov 2023 |
| Power Sector Reform Program (Subprogram 1): Report and Recommendation of the President | Reports and Recommendations of the President | Nov 2023 |
| Power Sector Reform Program (Subprogram 1): Concept Paper | Concept Papers | Dec 2021 |
| Power Sector Reform Program (Subprogram 1): Updated Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Dec 2021 |
| Power Sector Reform Program: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Sep 2021 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
ADB to Support Power Sector Reforms in India
ADB has approved a $250 million policy-based loan to strengthen India’s power sector by improving financial sustainability and facilitating the shift to renewable energy.
Tenders
Contracts Awarded
Procurement Plan
None currently available.