China National Electric Wire & Cable Import & Export Corporation gives 1.45 billion BDK suppliers credit for Bogra-Barapukuria 230 KV Transmission Line Project
Commitment amount
$ 49063764.51227445
Adjusted commitment amount
$ 49063764.51
Constant 2021 USD
Summary
Funding agency [Type]
China National Electric Wire and Cable Import and Export Corporation (CNEWC) [State-owned Company]
Recipient
Bangladesh
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government-guaranteed debt
Infrastructure
No
Category
Project lifecycle
Geography
Description
In 2005 the Power Grid Company of Bangladesh (PGCB) received 1.45 billion BDK of supplier's credit from China National Electric Wire & Cable Import & Export Corporation for the Bogra-Barapukuria 230 KV Transmission Line Project. The Government of Bangladesh provided a sovereign guarantee for this supplier's credit on April 28, 2005. China National Electric Wire and Cable Import and Export Corporation (CNEWC) will be implementing the project (Contract No. PGCB/SC/011). The project began in 2003 and was finished in November 2005.
Number of official sources
8
Number of total sources
9
Details
Cofinanced
No
Direct receiving agencies [Type]
Power Grid Company of Bangladesh (PGCB) [State-owned Company]
Implementing agencies [Type]
Power Grid Company of Bangladesh (PGCB) [State-owned Company]
Guarantee provider [Type]
Government of Bangladesh [Government Agency]