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Lesson
Consideration should be given to financing renewable energy, particularly wind, to lower the cost of electricity production and improve the Electric Power Company’s financial performance.

Project Number: 38183-013
Project Name: Power Sector Expansion Project
Report Date:
Lesson
Economic internal rate of return and financial internal rate of return calculations need to follow the guidelines of ADB regarding methodology.

Project Number: 39630-023, 39630-033
Project Name: National Power Grid Development Investment Program (Tranches 1 and 2)
Report Date:
Lesson
Emphasis is needed on least-cost generation expansion and transmission planning to ensure optimum use of resources when assessing the risks and costs of implementation delays in power projects.

Project Number: 39630-023, 39630-033
Project Name: National Power Grid Development Investment Program (Tranches 1 and 2)
Report Date:
Lesson
The economic benefits of projects must be carefully examined to determine whether they are incremental or non-incremental and valued accordingly.

Project Number: 44013-013
Project Name: Shanxi Energy Efficiency and Environment Improvement Project
Report Date:
Lesson
It is important that environmental benefits of projects that displace fossil fuels be correctly valued; otherwise, the full development impact of the project will not be realized.

Project Number: 44013-013
Project Name: Shanxi Energy Efficiency and Environment Improvement Project
Report Date:
Lesson
The exclusion of important economic costs, such as distribution and environmental costs, usually results in EIRRs that have little credibility.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
Report Date:
Lesson
Another project level lesson is related to the analysis of financial performance of the executing agencies.The PCR analyzed the performance against three major criteria business risk, financial risk and financial flexibility and liquidity. Adding 10-year financial projections of the state gas companies to the performance analysis would provide (i) an understanding of threats and risks, (ii) guidance for policy initiatives, and (iii) measures needed for securing energy supplies through future investments.

Project Number: 35242-013
Project Name: Gas Transmission and Development Project
Report Date:
Lesson
A least-cost generation planning study is necessary to provide a sound plan for a schedule of investments in generation that optimizes efficiency of the country’s scarce resources.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
Report Date:
Lesson
Better use of consulting services should be considered a primary concern during the preparation and review of bidding documents. Less than 15% of the budget for consulting services in the OCR loan was utilized. Input from additional experts would lower the possibility of rebidding, and project implementation would proceed according to schedule.

Project Number: 35242-013
Project Name: Gas Transmission and Development Project
Report Date:
Lesson
Adequate details of the economic and financial analysis given at appraisal facilitate (i) a holistic comparison with the analysis at completion, and (ii) a well-informed interpretation of the differences and underlying reasons.

Project Number: 44431-013
Project Name: Gujarat Solar Power Transmission Project
Report Date:
Lesson
Giving sufficient attention and support to gender action plan (GAP) implementation enhances project impact.

Project Number: 44431-013
Project Name: Gujarat Solar Power Transmission Project
Report Date:
Lesson
Closer coordination, capacity building, and hand-holding will improve project implementation when the executing agency is a first-time implementer of ADB-assisted project.

Project Number: 45303-001
Project Name: Rural Energy Project
Report Date:
Lesson
Changes in scope and results framework should be done as early as possible and not when the project is about to close; midterm reviews should be used to formalize the changes.

Project Number: 45303-001
Project Name: Rural Energy Project
Report Date:
Lesson
A timely contract award for consulting services would ensure the mobilization of experts to complement the staff of the executing agency.

Project Number: 45303-001
Project Name: Rural Energy Project
Report Date:
Lesson
Focus is needed on activities that are less likely to be mainstreamed, like turnkey contracts and competitive procurement, progress monitoring and reporting, safeguard plans, and GAP implementation.

Project Number: 45303-001
Project Name: Rural Energy Project
Report Date: