36205-023: Power Sector Development Program

Project Data Sheet (PDS): Overview

Description

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

Country Bangladesh
Project Number 36205-023
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Number Loan No. 2038
Approval Date 10 Dec 2003
ADB Financing ($ thousand) 100,000
Sector Energy
Subsector Electricity Transmission and Distribution
Safeguard Categories Environment: B

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