Spectra Solar Power Project | Accountability Console
Complaints IAMs Register Login

Loading...

Spectra Solar Power Project

Sectors

Energy

Description:

Projects in this Sector: 222

Browse Projects

Infrastructure

Description:

Projects in this Sector: 550

Browse Projects

Issues Raised

Unknown

Description:

Projects with this Issue Raised: 637

Browse Projects

Project Information

Investment ID: 3801

Bank: Asian Development Bank

Environmental Category: B

Country: Bangladesh

Region: South Asia

Approval Date: July 29, 2019

Investment Types: Loans

Total Project Cost: USD 15.0 million

Total Complaints: 1

Description

The project consists of a 35-megawatt (net) grid connected solar power plant in Paturia, Shibaloy, Manikgonj, located approximately 85 kilometers west of Dhaka. The project site includes 141 acres of land, all of which has been purchased and is now owned by the project company, Spectra Solar Park Limited (SSPL). Project facilities include: ground-mounted solar PV panels and associated electrical equipment; and an approximately 7 km interconnection transmission line to the nearest substation. Spectra Engineers Limited and Shunfeng Investments Limited are the Sponsors for SSPL. SSPL is the borrower for the loan and will build, own, and operate the project. The project Power Purchase Agreement was signed with Bangladesh Power Development Board in 2018.

Investments

Investment Type ID Amount Status Bank Client
Loans 3801 USD 15.0 million Planned ADB

Related Complaints

Asian Development Bank SPF CRP Complaints IAM Country Date Filed Status
Spectra Solar Power Project ADB SPF CRP Bangladesh 17/02/2021 Closed Without Outputs