π Tender Overview
The Asian Development Bank ADB and the Government of Timor-Leste have signed a 35 million loan to modernize the countrys power distribution system and strengthen state utility Electricidade de Timor-Lestes ability to manage the electricity grid. Building climate-resilient infrastructure and providing basic services is a focus of ADBs support to Timor-Leste as the country tries to diversify its revenue base beyond oil said ADB Country Director for Timor-Leste Sunil Mitra. Investment in electricity system is crucial to the growth of industry trade and tourism. The project ADBs first energy sector project in Timor-Leste aims to improve the state utilitys operating efficiency financial sustainability and its institutional capacity for grid operations. The Power Distribution Modernization Project will install smart meters to help households manage their electricity usage. It will set up a distribution automation system to improve network reliability and a distribution management information system to improve network operations as well as distribution transformers to reduce overloading.The project will boost womens employment in the energy sector. It will train households especially women on electrical safety and productive uses of electricity. Electricidade de Timor-Leste will also promote gender equality and enhance inclusiveness in its business activities.ADBs investment will also help Electricidade de Timor-Leste mitigate climate change challenges while strengthening environmental social and technical standards and improving management capacities.Effective implementation of this investment program will further enhance the reliability and sustainability of electricity access a priority for Electricidade de Timor-Leste said Electricidade de Timor-Leste Executive Committee Chair and President of the Board of Directors Paulo da Silva. We are pleased to be working with the Asian Development Bank on the first energy sector project in Timor-Leste.ADB is committed to achieving a prosperous inclusive resilient and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. Established in 1966 it is owned by 68 members49 from the region.