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AllainDuhanganII

Sector: Manufacturing (Industrial) • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_The project involves additional financing to support the completion of a 192MW run-of-the-river hydroelectric power plant (HPP) in the Kullu District of Himachal Pradesh (Northern India). The project is being implemented by AD Hydro Power Limited (ADHPL). Construction began in early 2005 and is approximately 60% complete. The project is facing cost over-runs due to inflation in steel, ce

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The project “AllainDuhanganII” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Email

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Description

Description

_x000C_The project involves additional financing to support the completion of a 192MW run-of-the-river hydroelectric power plant (HPP) in the Kullu District of Himachal Pradesh (Northern India). The project is being implemented by AD Hydro Power Limited (ADHPL). Construction began in early 2005 and is approximately 60% complete. The project is facing cost over-runs due to inflation in steel, cement and labor prices, new regulatory requirements, and geological problems experienced in the tunneling works. In 2004, IFC’s Board previously approved financing of an A Loan of Rs1,840 million ($46.0 million) and equity of $7.0 million towards the construction of the plant (project 11632). IFC publicly disclosed project information and environmental and social documentation prior to that approval.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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