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$200,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Mar 18, 2026
Project Estimated Start Date
Oct 1, 2023
Project Estimated End Date
Jun 30, 2024
Client Legal Name
NEPAL WATER AND ENERGY DEVELOPMENT CO PVT LTD
Project Description
The project will provide guidance and hands on capacity building activities to assist NWEDC's key staff intervening on environmental and social matters to develop and implement critical E&S related processes and practices aligned to good international industry practices.
Development Results
The objective of this project is to improve E&S practices of Nepal Water and Energy Development Co. (NWEDC) in the context of the Upper Trishuli 1 Hydropower Project.
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC Sustainability Policy, IFC team will screen the project to assess consistency with IFCs Performance Standards. Based on sector and context specific risks, the project has the potential for E&S risks and/or impacts in relation to environmental and social management systems (PS 1). Environment and social risks will be further reviewed throughout the life-cycle of the project.
IFC advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client in gaining a good understanding of IFCs Performance Standards, and provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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