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Kabeli-A Hydro Electric Project

Abstract*

The development objective of the Kabeli-A Hydroelectric Project (KAHEP) for Nepal is to add hydropower generation capacity to supply the Nepal electricity authority (NEA) grid through public private investments. The project comprises of three components. The first component, KAHEP will support construction of the KAHEP, including a diversion dam, intake, settling basins, a headrace tunnel, a semi-underground powerhouse, and a tailrace canal. This...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective is to increase hydropower generation capacity to supply NEA grid through public private investment.

Key Details

Project Details

  • P122406

  • Closed

  • Pravin Karki , Subodh Adhikari

  • Nepal

  • Nepal

  • April 30, 2011

  • (as of board presentation)

    July 1, 2014

  • June 20, 2016

  • US$ 108.08 million

  • Investment Board of Nepal,Kabeli Energy Limited,Water and Energy Commission Secretariat,Ministry of Energy, Water Resources and Irrigation

  • South Asia

  • 2015

  • US$ 46.00 million

  • A

  • Not Applicable

  • December 30, 2019

  • Yes

  • BANK APPROVED

  • February 28, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 22.96
Local Sources of Borrowing Country 1.00
IDA Credit 40.00
IDA Grant 6.00
International Finance Corporation (IFC) 38.12

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 46.00
IBRD + IDA Commitment 46.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 108.08

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 15, 2020 IDA-53380 Int Charges 34.20
May 15, 2020 IDA-53380 Int Charges 35,336.12
May 15, 2020 IDA-53380 Int Charges 35,336.12
Jun 19, 2020 IDA-H9000 Loan Disb 143,565.40
Jul 6, 2020 IDA-H9000 Loan Disb 251,241.62
Mar 18, 2020 IDA-H9000 Loan Disb 113,980.93
Dec 18, 2019 IDA-H9000 Loan Disb 312,780.53
Oct 16, 2018 IDA-53380 Loan Disb 772,791.00
Jan 22, 2019 IDA-H9000 Loan Disb 188,485.45
May 15, 2024 IDA-53380 Int Charges 922.22
May 15, 2024 IDA-53380 Int Charges 922.22
May 15, 2024 IDA-53380 Loan Repay 130,541.95
May 15, 2024 IDA-53380 Int Charges 27,903.34
May 15, 2024 IDA-53380 Int Charges 27,903.34
Jul 1, 2014 IDA-53380 Loan Commitment 40,000,000.00
Jul 1, 2014 IDA-H9000 Loan Commitment 6,000,000.00
May 15, 2023 IDA-53380 Int Charges 27,906.64
May 15, 2023 IDA-53380 Int Charges 27,906.64
May 15, 2023 IDA-53380 Int Charges 2,596.57
May 15, 2023 IDA-53380 Int Charges 2,596.57
May 15, 2023 IDA-53380 Loan Repay 132,449.78
Nov 15, 2023 IDA-53380 Int Charges 1,380.90
Nov 15, 2023 IDA-53380 Int Charges 1,380.90
Nov 15, 2023 IDA-53380 Loan Repay 130,840.85
Nov 15, 2023 IDA-53380 Int Charges 27,533.51
Nov 15, 2023 IDA-53380 Int Charges 27,533.51
Nov 15, 2022 IDA-53380 Int Charges 26,663.84
Nov 15, 2022 IDA-53380 Int Charges 26,663.84
Nov 15, 2022 IDA-53380 Loan Repay 5,886.08
Nov 15, 2022 IDA-53380 Loan Repay 123,930.80
Nov 15, 2021 IDA-53380 Int Charges 4,323.87
Nov 15, 2021 IDA-53380 Int Charges 4,323.87
Nov 15, 2021 IDA-53380 Loan Repay 138,592.55
Nov 15, 2021 IDA-53380 Int Charges 32,222.74
Nov 15, 2021 IDA-53380 Int Charges 32,222.74
May 15, 2022 IDA-53380 Loan Repay 128,650.27
May 15, 2022 IDA-53380 Int Charges 30,029.60
May 15, 2022 IDA-53380 Int Charges 30,029.60
Mar 8, 2017 IDA-H9000 Loan Disb 200,000.00
May 29, 2019 IDA-53380 Loan Disb 125,944.76
May 29, 2019 IDA-53380 Loan Disb 720,648.06
May 15, 2019 IDA-53380 Int Charges 314.34
May 15, 2019 IDA-53380 Int Charges 314.34
May 15, 2019 IDA-53380 Int Charges 32,595.94
May 15, 2019 IDA-53380 Int Charges 32,595.94
Jun 4, 2019 IDA-H9000 Loan Disb 111,037.00
Nov 15, 2019 IDA-53380 Int Charges 238.79
Nov 15, 2019 IDA-53380 Int Charges 238.79
Nov 15, 2019 IDA-53380 Int Charges 35,209.52
Nov 15, 2019 IDA-53380 Int Charges 35,209.52
Apr 30, 2018 IDA-53380 Loan Disb 825,350.00
May 4, 2018 IDA-H9000 Loan Disb 400,000.00
May 15, 2018 IDA-53380 Int Charges 51.62
May 15, 2018 IDA-53380 Int Charges 51.62
May 15, 2018 IDA-53380 Int Charges 9,963.02
May 15, 2018 IDA-53380 Int Charges 9,963.02
Nov 15, 2018 IDA-53380 Int Charges 1,446.17
Nov 15, 2018 IDA-53380 Int Charges 1,446.17
Nov 15, 2018 IDA-53380 Int Charges 26,136.06
Nov 15, 2018 IDA-53380 Int Charges 26,136.06
Nov 26, 2018 IDA-53380 Loan Disb 666,167.70
Oct 16, 2018 IDA-53380 Loan Disb 113,353.21
Oct 16, 2018 IDA-53380 Loan Disb 331,988.30
Nov 15, 2017 IDA-53380 Int Charges 6,707.42
Nov 15, 2017 IDA-53380 Int Charges 6,707.42
Apr 19, 2018 IDA-53380 Loan Disb 1,210,288.00
Apr 30, 2018 IDA-53380 Loan Disb 2,476,050.00
Jul 11, 2017 IDA-53380 Loan Disb 2,550,000.00
May 15, 2022 IDA-53380 Loan Repay 2,626.59
Nov 15, 2020 IDA-53380 Loan Repay 488.38
Jul 6, 2020 IDA-H9000 Loan Cancel 2,389,590.80
Jun 30, 2020 IDA-53380 Loan Cancel 26,369,752.00
May 15, 2021 IDA-53380 Int Charges -51,707.55
May 15, 2021 IDA-53380 Int Charges 51,707.55
May 15, 2021 IDA-53380 Loan Repay 586,719.80
May 15, 2021 IDA-53380 Int Charges 30,769.74
May 15, 2021 IDA-53380 Int Charges 30,769.74
Nov 15, 2020 IDA-53380 Loan Repay 578,532.00
Nov 15, 2020 IDA-53380 Int Charges 35,527.43
Nov 15, 2020 IDA-53380 Int Charges 35,527.43
May 15, 2021 IDA-53380 Int Charges 1,397.86
May 15, 2021 IDA-53380 Int Charges 1,397.86
Apr 23, 2020 IDA-H9000 Loan Disb 25,314.16
Apr 30, 2020 IDA-H9000 Loan Disb 84,713.25
Apr 14, 2020 IDA-H9000 Loan Disb 60,828.42
Apr 14, 2020 IDA-H9000 Loan Disb 1,076,788.50
Apr 14, 2020 IDA-H9000 Loan Disb 153,208.50
Jun 29, 2020 IDA-H9000 Loan Disb 7,342.83
May 15, 2020 IDA-53380 Int Charges 34.20

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Moderately Unsatisfactory 2019-04-06
Progress towards achievement of PDO Unsatisfactory 2019-04-06
Monitoring and Evaluation Satisfactory 2019-04-06
Procurement Moderately Unsatisfactory 2019-04-06
Counterpart Funding Satisfactory 2019-04-06
Project Management Moderately Unsatisfactory 2019-04-06
Financial Management Moderately Satisfactory 2019-04-06

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-15-2021
OutcomesHighly Unsatisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualityModestN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Generation Capacity of Hydropower constructed or rehabilitated under the projectValue0.000.0037.90
    DateSeptember 23, 2013September 7, 2020June 30, 2020
    Comment
  • Generation Capacity of Hydropower constructed under the projectValue0.000.0037.90
    DateSeptember 23, 2013September 7, 2020June 30, 2020
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Public-private financing mobilizedValue0.00102.000.00
    DateJuly 1, 2014September 7, 2020
    Comment
  • Guidelines for CIAValueNo guidelinesAdopted by GoN
    DateJuly 1, 2014September 8, 2020
    Comment
  • Number of PDA signed with private hydropower developersValue0.003.000.00
    DateJuly 1, 2014September 8, 2020
    Comment
  • Progress in construction of dam, tunnel and powerhouseValue0.00100.000.00
    DateJuly 1, 2014September 7, 2020
    Comment
  • Guidelines for ResettlementValueNo guidelinesadopted by GoN
    DateJuly 1, 2014September 8, 2020
    Comment
  • Signing of HIDCL consortium agreementValueFinancing agreementsEffective
    DateJuly 1, 2014September 7, 2020
    Comment