📋 Tender Overview
STATUS: Proposed
MEMBER: Cambodia
SECTOR: Energy
E&S CATEGORY Category: A
PROJECT NUMBER: 000926
FINANCING PROPOSED FUNDING AMOUNT: USD40 million
FINANCING TYPE: Nonsovereign
TIMELINE CONCEPT REVIEW: December 20, 2024
APPRAISAL REVIEW/FINAL REVIEW
April 24, 2025
OBJECTIVE
The objective of the Project is to increase the solar photovoltaic (PV) power generation in Cambodia.
DESCRIPTION
The Project involves the development, construction, operation, and maintenance of a 150 megawatt (MW) solar PV power plant and 30 MW battery energy storage systems (BESS) located in Pursat Province, Cambodia.
ENVIRONMENTAL AND SOCIAL INFORMATION
Applicable Policy and Categorization. The Project’s environmental and social (ES) risks and impacts will be assessed in accordance with DEG’s Environmental and Social Policy (ESP), using the common approach based on its material consistency with AIIB’s ESP. DEG’s ES Standards refer to the ES Standards of the European Development Finance Institutions (EDFI), IFC Performance Standards (2012) and the World Bank’s Environmental, Health and Safety Guidelines, International Labor Organization (ILO) Core Labor Standards, Policy statement of KfW and its subsidiaries on human rights (including the German Supply Chain Due Diligence Act). DEG’s ES Standards are found to be consistent with the Bank’s Articles of Agreement and with the provisions of AIIB’s ES Exclusion List (ESEL) and relevant ES Standards.
DEG has assigned Category B+ (equivalent to Category B if AIIB’s ESP were applicable) to the Project, considering the outputs from the ESDD, the need for strengthening the Borrower’s capacity to adequately implement the ESAP, and considering that the Project’s construction was almost complete at the time of the ESDD.
Environmental and Social Instruments. The Borrower prepared the draft ESIA following the IFC Performance Standards as the Reference Framework. The ESIA also includes a non-technical summary of ESIA (NTS), an ES Management and Monitoring Plan (ESMMP), and a Stakeholder Engagement Plan (SEP). An initial brief red flag analysis was conducted by an independent consultant to assess critical ES risks of the Project. The Lender’s ES Advisor (LESA) was engaged to conduct an Environmental and Social Due Diligence (ESDD) of the Project, to review the draft ESIA, and assess the adequacy of the Borrower’s Environmental and Social Management System (ESMS). The gap analysis conducted as part of the ESDD process has resulted in an Environmental and Social Action Plan (ESAP), consisting of ES time-bound mitigation actions to be carried out by the Borrower to address the Project’s ES risks and impacts in compliance with DEG’s ES Standards.
Environmental Aspects. The Project will support the production of renewable energy through solar power and BESS in Cambodia, thereby mitigating the issues associated with power scarcity and intermittent energy supply to the national grid and reducing the greenhouse gas emis
