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Lesson
A well-designed project performance management system (PPMS) from the outset can enhance the quality of economic analyses. This system facilitates the systematic collection of data on project benefits and pertinent metrics, enabling the monitoring of project performance until completion. Specifically, monitoring the project's progress, identifying areas for improvement, and collecting socioeconomic data through a PPMS, could all help establish a comprehensive assessment of a project’s development results and improve the quality of economic analysis.

Project Number: 41403-013
Project Name: Urban Water Supply Project
Report Date:
Lesson
The development of a regulatory framework alongside the preparation of a project’s technical design could help enhance the autonomy and sustainability of water utilities. This, in turn, could lead to improved service delivery and better maintenance of project assets. Such a framework could include mechanisms for independent oversight and regulation of water utilities' operations and performance, as well as the provision of clear guidelines and policies for tariff setting and cost recovery, among other aspects.

Project Number: 41403-013
Project Name: Urban Water Supply Project
Report Date:
Lesson
Performing an adequate level of due diligence and risk assessments at the early stage of project preparation increases the quality of project design and readiness. For example, preparatory work for procurement planning and administration of abnormally low bids (e.g., prequalification of bidders) supports and better streamlines the procurement process and avoids substantial changes in a project design and scope.

Project Number: 44483-023, 44483-024, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 3 and Multitranche Financing Facility)
Report Date:
Lesson
Proper assessment of the borrower’s capacity and those of the executing agencies during the preparation phase supports project implementation which will help achieve the desired output and results. A delay in one key project component, due to weak capacity of agencies, could likely cause further delays in the subsequent activities such civil works which hampers the overall project implementation timeline.

Project Number: 44483-023, 44483-024, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program (Tranche 3 and Multitranche Financing Facility)
Report Date:
Lesson
As school graduates compete for employment opportunities with students from other states in India, it is the comparative quality of education that determines their access to jobs and likely benefits from the project investments. Hence, focus on education quality should be a requisite in designing similar projects.

Project Number: 46166-001
Project Name: Supporting Human Capital Development in Meghalaya
Report Date:
Lesson
The significant reduction in the amount of the ADB loan and the program cost with the withdrawal of Goa from tranche 1 and Maharashtra from tranche 2 is reflective of the quality of the work undertaken during the feasibility study stage. Better due diligence and a more rigorous review of the proposals are needed in future multitranche financing facility programs and projects so that similar major changes will not occur at such a late stage in program preparation.

Project Number: 40156-013, 40156-033
Project Name: Sustainable Coastal Protection and Management Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
The attraction of the private sector in Karnataka and Maharashtra to the program was minimal and they showed no real interest to invest or be involved. More emphasis should be placed in future programs on incentives and measures that better attract private sector involvement and investment.

Project Number: 40156-013, 40156-033
Project Name: Sustainable Coastal Protection and Management Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
When a project provides substantial climate mitigation and environmental benefits, a project economist with strong background and experience in environmental valuation method can undertake the project economic analysis at appraisal. Usually, energy efficiency improvement projects have very low pay back periods and high economic internal rate of return. ADB should investigate the ways in which it can formalize the use of carbon prices in energy efficiency project economic analysis.

Project Number: 47051-002
Project Name: Chemical Industry Energy Efficiency and Emission Reduction Project
Report Date:
Lesson
Financial intermediation loans, which can be used to finance the investment plans of enterprises, need to be supported by TA to build the capacity of participating banks and enterprises to achieve the intended development results.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
A more comprehensive analysis of the road network is crucial to better understand the need for road improvements in given road corridors e.g., surface upgrades, widening, and new roads. While for consistency the project completion report replicated the methodology used during project appraisal, it is observed that traffic forecasts were based solely on economic growth projection of the gross domestic product, and the elasticity of traffic by vehicle type is not justified.

Project Number: 43574-025
Project Name: Uttar Pradesh Major District Roads Improvement Project
Report Date:
Lesson
A clear sector assessment and plan can strategically enhance the effectiveness and sustainability of sector investments. The sustained government plan of the Prime Minister’s Rural Road Program (PMGSY) provided a strong foundation for the sector to have a clear set of subprojects and financing commitments from the government. In addition, its priority to operate and manage these roads sustainably led to a more relevant design focused on the non-physical component of investments—road management, road audit, and road safety.

Project Number: 48226-003
Project Name: Second Rural Connectivity Investment Program - Tranche 1
Report Date:
Lesson
An appropriate training of the implementing agency on ADB’s safeguard policies can ensure compliance and accurate budgeting of cost of safeguards implementation. This should factor in the implementing agency’s capacity and structure in preparing and updating safeguards assessments and plans as well as in monitoring and implementation.

Project Number: 44426-016
Project Name: Green Energy Corridor and Grid Strengthening Project
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
New products can benefit from market and demand analysis that provide a basis for designing products that are responsive to the needs of the market. The introduction of take-out financing under this project did not benefit from such analysis. Uptake for take-out financing as designed under Tranche 1 was low. This highlights the role of market and demand analysis that provide valuable inputs in designing and introducing a new financial product that is responsive to market demand.

Project Number: 42180-016
Project Name: Third Public-Private Infrastructure Development Facility (Tranche 1)
Report Date: