Feasibility Study Dagachhu HPP - Additional Financing



Contract partner: GNHC / RGoB - Gross National Happiness Commission - Royal Government of Bhutan Country: Bhutan Funding amount: € 215.000,00 Project start: 01.12.2005 End: 31.12.2006

Short Description:

Overall goal


Under the project the ADA provides technical and financial assistance for the preparation of a Feasibility Study concerning the possible development of the 150 MW Dagachhu Hydropower Project, which will be submitted by the Royal Government of Bhutan for funding under the Clean Development Mechanism.


The additional financial contribution is necessary, as the original financial framework for 2296-00/2004 (original contract) relied on preliminary estimations. The actual financing needs became more obvious during the implementation period. Therefore the Austrian Development Cooperation and the Bhutanese partners agreed on the additional financial resources, which will cover the full project costs.

project number 2296-00/2005
source of funding OEZA
sector Energiegewinnung /erneuerbare Energiequellen
tied
modality
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.
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