The Project is to construct, operate, and maintain a 4,000 MW coal-fired power plant (5 units of 800 MW each) on a build-own-operate basis, incorporating supercritical technology near Tundawanda village, Mundra Taluka in Kutch district, in the state of Gujarat. The loan of $450,000,000 will be provided from ADB’s ordinary capital resources without government guarantee to Coastal Gujarat Power Limited (CGPL), of which $200,000,000 is syndicated to Export-Import Bank of Korea (KEXIM) through a risk participation agreement.
The Project is one of the ultra mega power projects (UMPPs) planned by the Government of India which envisaged "Power for All" by 2012. The power generated by the Project will be supplied to the states of Gujarat, Maharashtra, Punjab, Haryana, and Rajastan. The Project is also one of the first private sector generators in India to apply supercritical technology, which are expected to be more environment friendly than conventional subcritical generating units.
| Steps and Milestones |
Date |
Remarks and Attachments |
| |
CRP received a request for compliance review (the complaint) |
17 October 2013 |
Request for compliance review [PDF] |
| Step 1. Requesting Management Response |
|
| |
CRP's initial assessment of the complaint |
|
Completed |
| |
CRP's assessment |
|
Complaint falls within the mandate of the compliance review function |
| |
CRP forwards the complaint to ADB Management for response |
25 October 2013 |
|
| |
CRP informs the borrower and the ADB Board member representing the borrowing country concerned about receipt of the complaint |
25 October 2013 |
|
| Step 2. Determining Eligibility |
|
| |
Eligibility of complaint reviewed by the CRP |
|
Completed |
| |
CRP informs the complainants, borrower, ADB Board member representing the country concerned, ADB Management, and ADB Operations Department of its decision |
26 December 2013 |
| |
CRP report on its review of eligibility submitted to ADB Board |
27 December 2013 |
|
| Step 3. Board Authorization of Compliance Review |
|
| |
ADB Board authorization of compliance review |
17 January 2014 |
|
| |
Receipt of ADB Board authorization of compliance review |
21 January 2014 |
|
| |
Complainants informed of ADB Board decision |
21 January 2014 |
|
| |
CRP report on eligibility and Board's decision posted on website |
21 January 2014 |
Report on Eligibility in
English
and in
Gujarati [PDF] ;
and Board's Decision in
English
and in
Gujarati [PDF]
|
| Step 4. Conducting compliance review |
|
| |
CRP provides Draft Terms of Reference (TOR) to ADB Board Compliance Review Committee (BCRC) for clearance |
23 January 2014 |
|
| |
BCRC's clearance of the TOR |
30 January 2014 |
|
| |
TOR provided to the ADB Board copied to ADB Management |
31 January 2014 |
Terms of Reference in
English
and in
Gujarati [PDF] |
| |
BCRC's approval of the first revision to the timeframe for compliance review |
27 June 2014 |
Revised time frame for compliance review in
English
and in
Gujarati [PDF] |
|
BCRC's approval of the second revision to the timeframe for compliance review |
17 November 2014 |
2nd revision to the timeframe [PDF] |
|
BCRC's approval of the third revision to the timeframe for compliance review |
19 February 2015 |
3rd revision to the timeframe [PDF] |
|
Conducting compliance review |
Completed |
|
| Step 5. CRP's Draft Report |
|
| |
Issued and sent to complainants, borrower, ADB Management for comments |
24 November 2014 |
|
| |
CRP provides the draft report to BCRC for review |
24 November 2014 |
|
| Step 6. CRP's Final Report |
|
| |
Issued to the ADB Board for consideration through the BCRC |
9 March 2015 |
|
| Step 7. ADB Board consideration of the CRP's Final Report |
|
| |
ADB Board's Consideration |
30 March 2015 |
Board Consideration [PDF] |
| |
CRP's Final Report posted on the website |
7 April 2015 |
Final Report in
English
and in
Gujarati [PDF] |
| |
CRP's Final Report released to the complainants and the borrower |
10 April 2015 |
|
| Step 8. Management's Remedial Actions |
|
| |
ADB Management refers its draft remedial actions to the CRP and seek its comments |
27 May 2015 |
|
| |
CRP sends its comments to ADB Management on the draft remedial actions |
2 June 2015 |
|
| |
ADB Management submits proposed remedial actions to ADB Board |
3 June 2015 |
|
| Step 9. ADB Board's Decision |
|
| |
ADB Board's Consideration |
24 June 2015 |
|
| |
ADB Board's Decision |
24 June 2015 |
Board's Decision in
English
and in
Gujarati
|
| |
Remedial Actions approved by the ADB Board |
24 June 2015 |
Remedial Actions in
English
and in
Gujarati
|
| Step 10. Monitoring of Remedial Actions |
|
| |
CRP 1st Annual Monitoring Report Issued |
14 September 2016 |
CRP 1st Annual Monitoring Report in
English
and in
Gujarati
|
| |
CRP 2nd Annual Monitoring Report Issued |
17 August 2017 |
CRP 2nd Annual Monitoring Report in
English
and in
Gujarati
|
| |
CRP 3rd Annual Monitoring Report Issued |
7 September 2018 |
CRP 3nd Annual Monitoring Report in
English
and in
Gujarati
|