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Lesson
Using readily available published data enables proper assessment of a project’s development impact. The installation and use of a robust energy resource planning system in a newly formed utility enables a comprehensive management information system; transparency and good governance in operations; and timely reporting.

Project Number: 43464-023
Project Name: Himachal Pradesh Clean Energy Transmission Investment Program - Tranche 1
Report Date:
Lesson
A review mechanism, which can recognize significant changes in the scope and address them through an update in the design and monitoring framework (DMF), can improve the performance evaluation. Some project indicators were changed based on “reassessments” undertaken. The changes in two output indicators were considered as minor change in scope and the DMF was not revised.

Project Number: 47101-003
Project Name: Assam Power Sector Investment Program (Tranche 2)
Report Date:
Lesson
The process of obtaining forest and wildlife clearance approvals in India is lengthy and complex and this should be factored into the project implementation timelines both at the design stage and while processing the scope extension. The compliance risk can be mitigated through advanced action by the implementing agency in managing land acquisition, forest clearance, and resettlement issues. The compliance with safeguards requirements should be linked to commissioning as retrofitting after transmission assets become operational poses challenges.

Project Number: 44426-016
Project Name: Green Energy Corridor and Grid Strengthening Project
Report Date:
Lesson
The practice at appraisal is to provide baseline information and the design and monitoring (DMF) outcome and output targets based on project inputs. In the case of this project, the DMF targets need to be project related. It used a target for the impact indicator that linked project output to the development of other projects. While it is possible to reasonably forecast results, the external capacity development may impact the outcomes.

Project Number: 47101-002
Project Name: Assam Power Sector Investment Program (Tranche 1)
Report Date:
Lesson
It is important to include relevant indicators to meaningfully assess the project’s results. At the outcome level, an indicator of transmission capacity in megavolt amperes and actual energy transmitted in megawatt- hours would have been more appropriate. The selection of indicators must consider results that are attributable directly to the project. At the impact level, indicators such as household access to electricity are also relevant to measure the project’s impact on development.

Project Number: 45224-003
Project Name: Rajasthan Renewable Energy Transmission Investment Program (Tranche 1)
Report Date:
Lesson
Poor quality indicators and design and monitoring framework (DMFs) make progress monitoring and performance evaluation difficult.

Project Number: 37139-023
Project Name: Uttaranchal Power Sector Investment Program - Tranche 1
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
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
It is difficult to establish accurate cost estimates due to the long MFF implementation timelines and the value of flexibility that is inherent in the MFF modality.

Project Number: 32298-013, 32298-073
Project Name: Madhya Pradesh Power Sector Investment Program (Tranche 6 and Multitranche Financing Facility)
Report Date:
Lesson
Utilities need to understand the impact of loss reduction on their finances, to take appropriate investment decisions, particularly when differentiating between technical and commercial losses.

Project Number: 32298-013, 32298-073
Project Name: Madhya Pradesh Power Sector Investment Program (Tranche 6 and Multitranche Financing Facility)
Report Date:
Lesson
Considering the large economic and financial benefits of loss-reduction projects in distribution grids, it is necessary to carry out a more thorough assessment than what is usually provided in completion reports.

Project Number: 32298-013, 32298-073
Project Name: Madhya Pradesh Power Sector Investment Program (Tranche 6 and Multitranche Financing Facility)
Report Date:
Lesson
A methodology should be developed and incorporated in ADB documents, when measuring economic impacts of multi-project programs.

Project Number: 32298-013, 32298-073
Project Name: Madhya Pradesh Power Sector Investment Program (Tranche 6 and Multitranche Financing Facility)
Report Date:
Lesson
The practice of using a weighted average EIRR, which is inaccurate as economic benefits are not directly proportional to investment volumes and to the other metrics used for weighting due to the interrelated benefits among projects, should be discontinued in ex-ante and ex-post evaluations of programs supported by MFF.

Project Number: 32298-013, 32298-073
Project Name: Madhya Pradesh Power Sector Investment Program (Tranche 6 and Multitranche Financing Facility)
Report Date:
Lesson
The choice of the MFF as a modality appears to decrease the level of due diligence and scrutiny employed when approving single tranches as compared to project-based lending. This needs to be considered as a downside of the MFF modality in general. A more thorough due diligence stage needs to be foreseen before approving single tranches, not only at the MFF appraisal level.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program–Tranche 2
Report Date:
Lesson
The choice of the MFF as a financing modality appears to decrease the level of due diligence and scrutiny employed when approving single tranches as compared to project-based lending. This needs to be considered as a downside of the MFF modality in general and a more thorough due diligence stage needs to be implemented before approving single tranches, not only at MFF appraisal level.

Project Number: 37139-043
Project Name: Uttarakhand Power Sector Investment Program–Tranche 3
Report Date: