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Lesson
The actual energy savings achieved of the tranche 1 project are much higher than the anticipated energy savings at appraisal. More elaborate methods of energy saving estimates should have been used. The key is to establish an accurate baseline and design a customized measurement and verification method for verifying the energy savings achieved at the outset. It is also important to consistently use the same methodology for ex ante and ex post energy saving calculations.

Project Number: 39653-023
Project Name: MFF: Guangdong Energy Efficiency and Environment Improvement Investment Program - Tranche 1
Report Date:
Lesson
The financial intermediary loan modality was adopted, and the loan proceeds were relent to support implementation of more energy saving and emission reduction projects. Separate evaluations of technical feasibility of the subprojects and the financial viability of the candidate subborrowers were conducted by the efficiency power plant project management office and Guangdong Finance Trust Company independently to ensure that the technical merits and financial status of each subproject were assessed.

Project Number: 39653-023
Project Name: MFF: Guangdong Energy Efficiency and Environment Improvement Investment Program - Tranche 1
Report Date:
Lesson
Strong government ownership is critical to the successful construction of the project and important to facilitate effective implementation and delivery of development results in ADB-financed projects. The Dagushan Hydropower Company (DHC) was consistently proactive and took initiative in solving problems, including the provision of design documents, timely delivery of equipment, approach to dealing with issues, and other areas. DHC's initiative guaranteed appropriate procedures and timely action for key tasks.

Project Number: 39652-033
Project Name: Gansu Heihe Rural Hydropower Development Investment Program - Project 2: Dagushan Hydropower Project
Report Date:
Lesson
Counterpart financing. The project funds comprised international funds and domestic funds. For smooth project implementation, the timely availability of counterpart funds is a key issue. For the project, the actual ADB financing was $22.0 million and the counterpart funds mobilized from stockholders and local banks was $35.9 million, all of which was provided in a timely manner that ensured smooth project implementation and early project commissioning.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date:
Lesson
Procurement. Properly administered bidding processes were vital to obtaining cost- effective bid offers. Strict adherence to such processes, both in equipment procurement and onsite construction, facilitated savings on capital costs and ensured quality construction and equipment. The engagement of an experienced procurement agent proved to be a key factor in facilitating efficient procurement.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date:
Lesson
The external supervising mechanism was also effective and played an important role in improving the quality of the project. The selection and hiring of competent international and national consultants ensured that the quality standards required for the project were observed.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date:
Lesson
The successful construction of the project resulted from the strong government ownership and provides a valuable lesson on the importance of this factor in facilitating effective implementation and delivery of development results in ADB-financed projects. The Erlongshan Hydropower Company (EHC) always took the initiative in solving problems, including in the provision of design documents, timely delivery of equipment, approach to dealing with issues, and other areas. The owner's initiative guaranteed appropriate procedures and timely action on key tasks and when problems arose.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date:
Lesson
Social development. The project has contributed to regional sustainable socioeconomic development, poverty reduction, and community development in the project area.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date:
Lesson
Carbon revenue. The project was successfully registered as a clean development mechanism (CDM) project and was able to source significant amounts of revenue from the sale of carbon credits, thereby making it financially viable. This offers valuable lessons as a successful demonstration project for other clean energy developers in the region.

Project Number: 39652-023
Project Name: Gansu Heihe Rural Hydropower Development Investment Program: Erlongshan Hydropower Project
Report Date: