36205-023: Power Sector Development Program
Project Data Sheet (PDS): Overview
The Program comprises support for restructuring the finances of PGCB and DESCO from inherited historical operations and through this action make them fully capable of accessing commercial capital markets for part of their future capital needs as necessary development towards commercialization. Utilities cannot be financially self-sustaining without long-term bond markets. Currently, Bangladesh does not have any. Therefore by restructuring the balance sheet of PGCB, and asking them to raise ... Read More
|Type or Modality of Assistance||
|Financing||Public sector (Sovereign)|
Loan No. 2038
|Approval Date||10 Dec 2003|
|ADB Financing ($ thousand)||100,000|
|Subsector||Electricity Transmission and Distribution|
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 Public Communications Policy (PCP) 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.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.