Electricity is a key driver of economic growth and poverty reduction. Recognizing this, the government of India declared providing electricity to all households at an affordable price by 2012 as its mission and announced the Power for All by 2012 policy.
Sri Lanka’s power sector struggled to meet the growing demand for electricity at acceptable reliability and sufficiently low cost during the decade leading to this project’s appraisal in 2010. The transmission system was weak and substantial investments were needed to strengthen the network and improve its reliability.
Under Vision 2030, the government of Pakistan plans to raise the ratio of trade to gross domestic product (GDP) to 60% from 30% in 2007. To achieve this target, it launched the National Trade Corridor Improvement Program (NTCIP), which aims to bring about better connectivity and trade facilitation through improved logistics, and consequently enhance export competitiveness and diversification.
Viet Nam’s rapid economic progress has been accompanied by continually growing electricity demand for industrial development and private consumption. During 2000−2009, this demand grew at an average of 14% per year and, in 2011, was projected to grow at the same rate until 2015 and by 11% in 2016−2020.
In February 2007, the Asian Development Bank (ADB) approved a $620 million multitranche financing facility (MFF) for the Madhya Pradesh Power Sector Investment Program. The program was to support a time slice of the state government’s roadmap for upgrading and modernizing transmission and distribution systems, building on the successful unbundling of the state electricity board into separate i