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South Asia Regional Energy Integration: Nepal Upper Arun Hydroelectric Project SOP1

Abstract*

The proposed Project is the first of a Series of Projects (SOP) developed under a programmatic approach and progressively implemented to support the transition to a regional electricity market by countries in South Asia by means of investments in energy infrastructure critical for furthering regional electricity trade. This Project will enable the development of the Upper Arun Hydroelectric Project (UAHEP) on the Arun River in eastern Nepal, about...

* 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 Series of Project (SOP) and Project Development Objective (PDO) is to increase renewable electricity supply and regional electricity trade.

Key Details

Project Details

  • P178722

  • Dropped

  • Sunil Khosla , Artur Kochnakyan

  • Nepal

  • Nepal

  • October 18, 2022

  • (as of board presentation)

    N/A

  • N/A

  • US$ 1710.00 million

  • National Disaster Risk Reduction and Management Authority (NDRRMA),Nepal Electricity Authority (NEA),Upper Arun Hydroelectric Limited (UAHEL)

  • South Asia

  • 2026

  • US$ 1650.00 million

  • N/A

  • High

  • November 30, 2034

  • Yes

  • DECISION MEETING

  • February 8, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 850.00
OPEC FUND 100.00
EC: European Investment Bank 250.00
SAUDI ARABIA: Saudi Fund for Development 100.00
Asian Development Bank 200.00
Borrowing Agency 409.00
JAPAN: Japan International Cooperation Agency (JICA) 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 850.00
IBRD + IDA Commitment 850.00
Lending Instrument
Grant Amount 800.00
Total Project Cost** 1710.00

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.