AIIB Watch Cases

Power System Upgrade and Expansion Project (PSEUP)

 

Status: Approved
Timeframe: 2019-2022
Area: Bangladesh, Chittagong, Bhola
AIIB Investment Amount: US$ 120 million
Total Project Cost: US$ 176.6 million
Co-financier: Government: US$ 46.39 million; PGCB: US$ 10.21 million

E&S Category: B

Project Details: This Transmission and Distribution aims to increase the regional power load to 1,400 Megawatt by building more than 46 kilometers of double-circuit transmission line in the Chattogram Ring, surrounding the city, with associated substations and line bays.
Resettlement: The project may be required to take lands from private landowners during the construction of electricity towers.

CSO reports and organizations monitoring: CLEAN (2021): Financing Fossil Fuels Failing our Future

AIIB interactions to date: The publication "Dangerous Distractions" has been shared with AIIB management and shareholders.

Further information: AIIB Page; CLEAN Fact Sheet

 

Last update: 09.04.2025
 

Kontakt

    Bild Anprechpartner   Dr. Nora Sausmikat

    Dr. Nora Sausmikat
    China desk/Campaigns on Multilateral Development Banks
    nora.sausmikat [at] urgewald.org
    +49 030 86329 22 32

    Bild Anprechpartner   Dr. Dustin Schäfer

    Dr. Dustin Schäfer
    Team Lead Campaigns Multilateral Financial Institutions
    dustin [at] urgewald.org

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