ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB)

Project Monitoring

PROJECT MONITORING

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Bangladesh Bhola IPP

Bhola is the only island district of Bangladesh under the administrative division of Barisal in Bangladesh. Mumbai based Shapoorji Pallonji Infrastructure Capital Company Private Limited (SP Infra), a subsidiary of SP Group is constructing a 220/225 MW Gas and Diesel based power plant through its new company Nutan Bidyut Bangladesh Limited (NBBBL) in Kutba area under Burhanuddin Upazila in Bhola. NBBL has received USD 60.00 million from Asian Infrastructure Investment Bank (AIIB) and signed another agreement for USD 60.00 million from the Islamic Development Bank (IsDB). Bangladesh Working Group on External Debt (BWGED) and CLEAN (Coastal Livelihood and Environmental Action Network) in collaboration with NGO Forum on ADB conducted a study on social and environmental impacts of the power plant along with potential violation of national and international standards.​

 

Read more here.

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Beijing Air Quality Improvement and Coal Replacement

The objective of the project is to improve air quality and reduce air pollutions, such as CO2 emissions, particulate matters, SO2 emissions, and NOx emissions, through replacing coal with natural gas in rural villages on the outskirts of Beijing. Upon completion, the Project will provide gas service connections to approximately 216,751 rural households, and reduce coal consumption of around 650,000 tons annually in Beijing.