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Nepal Power Development Project

Abstract*

The objectives of the Nepal Power Development Project are to: (a) develop Nepal's hydropower potential in an environmentally and socially sustainable manner so as to help meet electricity demand; (b) improve access of rural areas to electricity services; and (c) promote private participation in the power sector as a way to improve sector efficiency and to mobilize financing for the sector's investment requirements. The Project consists o f three components...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To increase access to electricity in rural areas; and improve the quantum and efficiency of electricity supply.

Key Details

Project Details

  • P043311

  • Closed

  • Rabin Shrestha

  • N/A

  • Nepal

  • September 24, 1996

  • (as of board presentation)

    May 22, 2003

  • March 25, 2004

  • US$ 150.14 million

  • Nepal Electricity Authority,Alternative Energy Promotion Centre (AEPC),Department of Electricity Development

  • South Asia

  • 2003

  • US$ 133.94 million

  • A

  • Not Applicable

  • December 31, 2013

  • BANK APPROVED

  • February 28, 2022

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Local Communities 1.10
UN Development Programme 0.80
IDA GRANT FOR POOREST COUNTRY 39.80
IDA Credit 93.35
Borrower/Recipient 15.10

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 133.14
IBRD + IDA Commitment 133.14
Lending Instrument
Grant Amount 0.80
Total Project Cost** 150.14

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 15, 2023 IDA-46370 Int Charges 119,985.02
Nov 15, 2023 IDA-46370 Int Charges 119,985.02
May 15, 2020 IDA-46370 Int Charges 488.86
May 15, 2020 IDA-46370 Int Charges 488.86
May 15, 2020 IDA-46370 Loan Repay 364,696.00
May 15, 2020 IDA-46370 Int Charges 135,393.38
May 15, 2020 IDA-46370 Int Charges 135,393.38
May 15, 2020 IDA-37660 Loan Repay 321,150.12
May 15, 2020 IDA-37660 Int Charges 104,775.23
May 15, 2020 IDA-37660 Int Charges 104,775.23
May 15, 2020 IDA-37660 Int Charges 416.39
May 15, 2020 IDA-37660 Int Charges 416.39
Nov 15, 2019 IDA-46370 Loan Repay 1,009.07
Nov 15, 2019 IDA-46370 Loan Repay 367,743.30
Nov 15, 2019 IDA-46370 Int Charges 137,787.86
Nov 15, 2019 IDA-46370 Int Charges 137,787.86
Nov 15, 2019 IDA-37660 Loan Repay 3,160.38
Nov 15, 2019 IDA-37660 Loan Repay 321,561.78
Nov 15, 2019 IDA-37660 Int Charges 106,737.31
May 15, 2023 IDA-37660 Int Charges 6,637.18
May 15, 2023 IDA-37660 Int Charges 6,637.18
May 15, 2023 IDA-37660 Loan Repay 317,197.75
May 15, 2023 IDA-37660 Int Charges 92,774.95
May 15, 2023 IDA-37660 Int Charges 92,774.95
Nov 15, 2022 IDA-46370 Loan Repay 335,378.60
Nov 15, 2022 IDA-46370 Int Charges 116,807.62
Nov 15, 2022 IDA-46370 Int Charges 116,807.62
Nov 15, 2022 IDA-46370 Loan Repay 17,668.74
Nov 15, 2022 IDA-37660 Loan Repay 295,849.56
Nov 15, 2022 IDA-37660 Loan Repay 15,042.77
Nov 15, 2022 IDA-37660 Int Charges 89,094.16
Nov 15, 2022 IDA-37660 Int Charges 89,094.16
May 15, 2022 IDA-37660 Loan Repay 307,796.38
May 15, 2022 IDA-37660 Int Charges 97,853.51
May 15, 2022 IDA-37660 Int Charges 97,853.51
May 15, 2022 IDA-46370 Loan Repay 349,275.38
May 15, 2022 IDA-46370 Int Charges 127,187.65
May 15, 2022 IDA-46370 Int Charges 127,187.65
May 15, 2022 IDA-46370 Loan Repay 7,742.47
May 15, 2022 IDA-37660 Loan Repay 6,592.40
Nov 15, 2021 IDA-46370 Int Charges 3,659.58
Nov 15, 2021 IDA-46370 Int Charges 3,659.58
Nov 15, 2021 IDA-46370 Loan Repay 376,913.44
Nov 15, 2021 IDA-46370 Int Charges 135,688.84
Nov 15, 2021 IDA-46370 Int Charges 135,688.84
Nov 15, 2021 IDA-37660 Int Charges 3,116.28
Nov 15, 2021 IDA-37660 Int Charges 3,116.28
Nov 15, 2021 IDA-37660 Loan Repay 331,908.78
Nov 15, 2021 IDA-37660 Int Charges 104,551.24
Nov 15, 2021 IDA-37660 Int Charges 104,551.24
May 15, 2021 IDA-46370 Int Charges 136,650.19
May 15, 2021 IDA-46370 Int Charges 136,650.19
May 15, 2021 IDA-46370 Int Charges 1,182.15
May 15, 2021 IDA-46370 Int Charges 1,182.15
May 22, 2003 IDA-37660 Loan Commitment 50,400,000.00
Jun 18, 2009 IDA-H5060 Loan Commitment 15,500,000.00
May 22, 2003 IDA-H0390 Loan Commitment 25,200,000.00
Jun 18, 2009 IDA-46370 Loan Commitment 73,700,000.00
May 15, 2024 IDA-46370 Int Charges 2,770.69
May 15, 2024 IDA-46370 Int Charges 2,770.69
May 15, 2024 IDA-46370 Loan Repay 355,019.20
May 15, 2024 IDA-37660 Int Charges 91,443.90
May 15, 2024 IDA-37660 Int Charges 91,443.90
May 15, 2024 IDA-46370 Int Charges 121,150.32
May 15, 2024 IDA-46370 Int Charges 121,150.32
May 15, 2024 IDA-37660 Int Charges 4,156.67
May 15, 2024 IDA-37660 Int Charges 4,156.67
May 15, 2024 IDA-37660 Loan Repay 625,257.50
Nov 15, 2023 IDA-37660 Int Charges 3,530.47
Nov 15, 2023 IDA-37660 Int Charges 3,530.47
Nov 15, 2023 IDA-37660 Loan Repay 626,689.10
Nov 15, 2023 IDA-37660 Int Charges 89,837.20
Nov 15, 2023 IDA-37660 Int Charges 89,837.20
May 15, 2023 IDA-46370 Int Charges 7,796.54
May 15, 2023 IDA-46370 Int Charges 7,796.54
May 15, 2023 IDA-46370 Loan Repay 360,207.70
May 15, 2023 IDA-46370 Int Charges 121,423.90
May 15, 2023 IDA-46370 Int Charges 121,423.90
Nov 15, 2023 IDA-46370 Int Charges 4,147.54
Nov 15, 2023 IDA-46370 Int Charges 4,147.54
Nov 15, 2023 IDA-46370 Loan Repay 355,832.06
Feb 14, 2014 IDA-37660 Loan Disb 13,414.47
Feb 14, 2014 IDA-46370 Loan Disb 49,670.22
Feb 14, 2014 IDA-46370 Loan Disb 20,560.38
Oct 24, 2013 IDA-37660 Loan Disb 20,388.08
Oct 24, 2013 IDA-37660 Loan Disb 97,059.62
Oct 24, 2013 IDA-37660 Loan Disb 71,111.48
Jul 19, 2013 IDA-46370 Loan Disb 12,211.17
Jul 25, 2013 IDA-37660 Loan Disb 239,009.06
Jul 17, 2013 IDA-37660 Loan Disb 72,383.08
Jul 9, 2013 IDA-37660 Loan Disb 13,158.31
Jul 9, 2013 IDA-37660 Loan Disb 4,974.82
Nov 15, 2015 IDA-46370 Int Charges 139,244.95
Nov 15, 2015 IDA-46370 Int Charges 139,244.95
Jan 3, 2016 IDA-H5060 Loan Disb -14,437.21
Jul 23, 2015 IDA-H5060 Loan Disb -461,739.72
Nov 15, 2015 IDA-46370 Int Charges 4,432.11
Nov 15, 2015 IDA-46370 Int Charges 4,432.11
Nov 15, 2015 IDA-37660 Int Charges 14,193.53
Nov 15, 2015 IDA-37660 Int Charges 14,193.53
Nov 15, 2015 IDA-37660 Loan Repay 326,983.06
Nov 15, 2015 IDA-37660 Int Charges 117,713.90
Nov 15, 2015 IDA-37660 Int Charges 117,713.90
May 15, 2015 IDA-46370 Int Charges 3,585.54
May 15, 2015 IDA-46370 Int Charges 3,585.54
May 15, 2015 IDA-46370 Int Charges 134,334.44
May 15, 2015 IDA-46370 Int Charges 134,334.44
May 15, 2015 IDA-37660 Loan Repay 12,423.64
May 15, 2015 IDA-37660 Loan Repay 322,095.66
May 15, 2015 IDA-37660 Int Charges 107,160.73
May 15, 2015 IDA-37660 Int Charges 107,160.73
Apr 30, 2014 IDA-46370 Loan Cancel 248,699.94
Jun 11, 2014 IDA-H0390 Loan Cancel 344,912.53
May 15, 2014 IDA-46370 Int Charges 154,465.40
May 15, 2014 IDA-46370 Int Charges 154,465.40
Apr 30, 2014 IDA-H5060 Loan Disb -43,353.24
Apr 30, 2014 IDA-H0390 Loan Disb -240,849.20
Apr 3, 2014 IDA-46370 Loan Disb 29,617.03
Apr 3, 2014 IDA-H5060 Loan Disb -29,617.03
Apr 3, 2014 IDA-37660 Loan Disb 455,969.60
Apr 3, 2014 IDA-H5060 Loan Disb -455,969.60
Apr 23, 2014 IDA-H5060 Loan Disb -255,040.39
May 15, 2014 IDA-37660 Int Charges 131,811.98
May 15, 2014 IDA-37660 Int Charges 131,811.98
Nov 15, 2017 IDA-46370 Int Charges 2,153.45
Nov 15, 2017 IDA-46370 Int Charges 142,148.40
Nov 15, 2017 IDA-46370 Int Charges 142,148.40
Nov 15, 2017 IDA-37660 Int Charges 115,161.36
Nov 15, 2017 IDA-37660 Int Charges 115,161.36
May 15, 2017 IDA-37660 Int Charges 106,290.08
May 15, 2017 IDA-37660 Int Charges 106,290.08
May 15, 2017 IDA-37660 Loan Repay 11,889.48
May 15, 2017 IDA-46370 Int Charges 132,032.72
May 15, 2017 IDA-46370 Int Charges 132,032.72
May 15, 2017 IDA-46370 Int Charges 3,743.39
May 15, 2017 IDA-46370 Int Charges 3,743.39
May 15, 2017 IDA-37660 Loan Repay 311,852.28
Nov 15, 2016 IDA-46370 Int Charges 1,675.16
Nov 15, 2016 IDA-46370 Int Charges 1,675.16
Nov 15, 2016 IDA-46370 Int Charges 137,179.55
Nov 15, 2016 IDA-46370 Int Charges 137,179.55
Nov 15, 2016 IDA-37660 Int Charges 5,335.09
Nov 15, 2016 IDA-37660 Int Charges 5,335.09
Nov 15, 2016 IDA-37660 Loan Repay 322,132.90
Nov 15, 2016 IDA-37660 Int Charges 113,551.86
Nov 15, 2016 IDA-37660 Int Charges 113,551.86
May 15, 2016 IDA-37660 Loan Repay 8,759.53
May 15, 2016 IDA-37660 Loan Repay 324,576.16
May 15, 2016 IDA-37660 Int Charges 113,230.22
May 15, 2016 IDA-37660 Int Charges 113,230.22
May 15, 2016 IDA-46370 Int Charges 2,742.59
May 15, 2016 IDA-46370 Int Charges 2,742.59
May 15, 2016 IDA-46370 Int Charges 137,474.20
May 15, 2016 IDA-46370 Int Charges 137,474.20
Jan 3, 2016 IDA-H5060 Loan Cancel 1,290,136.50
Nov 15, 2019 IDA-37660 Int Charges 106,737.31
Nov 15, 2018 IDA-37660 Loan Repay 318,469.90
May 15, 2019 IDA-46370 Int Charges 2,115.73
May 15, 2019 IDA-46370 Int Charges 2,115.73
May 15, 2019 IDA-46370 Int Charges 136,953.17
May 15, 2019 IDA-46370 Int Charges 136,953.17
May 15, 2019 IDA-37660 Loan Repay 319,924.60
May 15, 2019 IDA-37660 Int Charges 108,992.60
May 15, 2019 IDA-37660 Int Charges 108,992.60
May 15, 2019 IDA-37660 Loan Repay 6,645.03
Nov 15, 2018 IDA-37660 Int Charges 110,164.58
Nov 15, 2018 IDA-46370 Int Charges 136,480.33
Nov 15, 2018 IDA-46370 Int Charges 136,480.33
Nov 15, 2018 IDA-46370 Int Charges 2,522.17
May 15, 2018 IDA-46370 Int Charges 142,575.50
May 15, 2018 IDA-46370 Int Charges 142,575.50
May 15, 2018 IDA-37660 Loan Repay 333,904.50
May 15, 2018 IDA-37660 Int Charges 115,141.50
May 15, 2018 IDA-37660 Int Charges 115,141.50
May 15, 2018 IDA-37660 Loan Repay 3,506.42
May 15, 2018 IDA-46370 Int Charges 1,110.14
May 15, 2018 IDA-46370 Int Charges 1,110.14
Nov 15, 2018 IDA-46370 Int Charges 2,522.17
Nov 15, 2018 IDA-37660 Loan Repay 7,943.79
Nov 15, 2018 IDA-37660 Int Charges 110,164.58
Nov 15, 2017 IDA-37660 Int Charges 6,820.43
Nov 15, 2017 IDA-37660 Int Charges 6,820.43
Nov 15, 2017 IDA-37660 Loan Repay 333,801.10
Nov 15, 2017 IDA-46370 Int Charges 2,153.45
May 15, 2021 IDA-37660 Int Charges 1,006.74
May 15, 2021 IDA-37660 Int Charges 1,006.74
Nov 15, 2020 IDA-46370 Loan Repay 6,911.83
Nov 15, 2020 IDA-37660 Loan Repay 5,886.79
Nov 15, 2020 IDA-37660 Loan Repay 329,539.70
Nov 15, 2020 IDA-37660 Int Charges 107,181.50
Nov 15, 2020 IDA-37660 Int Charges 107,181.50
Nov 15, 2020 IDA-46370 Loan Repay 373,996.28
Nov 15, 2020 IDA-46370 Int Charges 138,817.11
Nov 15, 2020 IDA-46370 Int Charges 138,817.11
May 15, 2021 IDA-37660 Loan Repay 339,886.78
May 15, 2021 IDA-46370 Loan Repay 385,973.22
May 15, 2021 IDA-37660 Int Charges 105,147.76
May 15, 2021 IDA-37660 Int Charges 105,147.76
Nov 15, 2013 IDA-37660 Loan Repay 454.09
Nov 15, 2013 IDA-37660 Loan Repay 496,106.90
Nov 15, 2013 IDA-37660 Int Charges 120,956.58
Nov 15, 2013 IDA-37660 Int Charges 120,956.58
Nov 15, 2013 IDA-46370 Int Charges 1,004.69
Nov 15, 2013 IDA-46370 Int Charges 1,004.69
Nov 15, 2013 IDA-46370 Int Charges 149,096.52
Nov 15, 2013 IDA-46370 Int Charges 149,096.52
Jan 10, 2014 IDA-37660 Loan Disb 157,553.48
Feb 20, 2014 IDA-37660 Loan Disb 13,315.77
Feb 20, 2014 IDA-37660 Loan Disb 27,734.73
Jan 10, 2014 IDA-37660 Loan Disb 428,212.03
Jan 10, 2014 IDA-37660 Loan Disb 90,396.59
Jan 10, 2014 IDA-37660 Loan Disb 70,422.72
Mar 7, 2014 IDA-46370 Loan Disb 79,338.01
Mar 7, 2014 IDA-46370 Loan Disb 50,978.02
Feb 20, 2014 IDA-37660 Loan Disb 63,632.27
Feb 20, 2014 IDA-37660 Loan Disb 112,189.31
Feb 20, 2014 IDA-37660 Loan Disb 70,317.22
Feb 20, 2014 IDA-37660 Loan Disb 247,134.94
Feb 20, 2014 IDA-37660 Loan Disb 7,357.00
Jan 10, 2014 IDA-37660 Loan Disb 134,612.72
Dec 26, 2013 IDA-37660 Loan Cancel 3,488,108.00
Dec 26, 2013 IDA-H0390 Loan Cancel 257,592.81
Dec 26, 2013 IDA-H5060 Loan Cancel 236,505.88
Dec 26, 2013 IDA-46370 Loan Cancel 2,338,623.00
Jan 23, 2014 IDA-37660 Loan Disb 86,916.81
Oct 24, 2013 IDA-37660 Loan Disb 58,366.41
Oct 21, 2013 IDA-46370 Loan Disb 133,897.16
Dec 30, 2013 IDA-37660 Loan Disb 1,500.01
Dec 26, 2013 IDA-37660 Loan Disb 2,100.02
Dec 30, 2013 IDA-37660 Loan Disb 2,491.41
Dec 26, 2013 IDA-37660 Loan Disb 21,339.90
Dec 30, 2013 IDA-H0390 Loan Disb 1,500.01
Feb 14, 2014 IDA-46370 Loan Disb 24,433.05
Jul 12, 2013 IDA-37660 Loan Cancel 6,004,880.00
Dec 30, 2013 IDA-H0390 Loan Disb 2,491.41
Dec 26, 2013 IDA-H0390 Loan Disb 2,100.02
Dec 12, 2013 IDA-37660 Loan Disb 123,236.71
Jul 1, 2013 IDA-37660 Loan Disb 229,548.34
Jul 9, 2013 IDA-H0390 Loan Disb 13,158.31
Jul 1, 2013 IDA-37660 Loan Disb 188,229.75
Jul 9, 2013 IDA-H0390 Loan Disb 4,974.82
Oct 24, 2013 IDA-37660 Loan Disb 20,028.54
Oct 24, 2013 IDA-37660 Loan Disb 81,052.84
Oct 24, 2013 IDA-37660 Loan Disb 66,488.89
Dec 9, 2013 IDA-37660 Loan Disb 187,448.70
Oct 21, 2013 IDA-46370 Loan Disb 44,620.17
Apr 30, 2014 IDA-37660 Loan Cancel 3,822,026.50
Nov 15, 2014 IDA-37660 Int Charges 127,253.22
Nov 15, 2014 IDA-46370 Int Charges 146,464.77
Nov 15, 2014 IDA-46370 Int Charges 146,464.77
Nov 15, 2014 IDA-46370 Int Charges 830.58
Nov 15, 2014 IDA-46370 Int Charges 830.58
Nov 15, 2014 IDA-37660 Int Charges 127,253.22
Nov 15, 2014 IDA-37660 Loan Repay 2,570.67
Nov 15, 2014 IDA-37660 Loan Repay 380,542.90
Nov 15, 2014 IDA-46370 Int Charges -48.96
Nov 15, 2014 IDA-46370 Int Charges 48.96
Nov 15, 2014 IDA-37660 Int Charges -752.27
Nov 15, 2014 IDA-37660 Int Charges 752.27
May 15, 2014 IDA-37660 Int Charges 3,824.87
May 15, 2014 IDA-37660 Int Charges 3,824.87
May 15, 2014 IDA-37660 Loan Repay 403,589.38
May 15, 2014 IDA-46370 Int Charges 975.10
May 15, 2014 IDA-46370 Int Charges 975.10
Jan 3, 2014 IDA-37660 Loan Disb 22,017.81
Dec 13, 2013 IDA-46370 Loan Disb 238,634.89

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Moderately Satisfactory 2014-01-19
Project Management Moderately Satisfactory 2014-01-19
Financial Management Moderately Unsatisfactory 2014-01-19
Overall High 2014-01-19
Progress towards achievement of PDO Unsatisfactory 2014-01-19
Procurement Moderately Unsatisfactory 2014-01-19
Counterpart Funding Satisfactory 2014-01-19
Overall Implementation Progress (IP) Unsatisfactory 2014-01-19

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-29-2018
OutcomesModerately Unsatisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-24-2018PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately UnsatisfactoryN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • NEA - Transmission line constructed under the projectValue0.000.00200.00
    DateDecember 31, 2012December 9, 2013December 31, 2013
    Comment
  • NEA - Increased generation capacity (MW)Value24.0053.4046.40
    DateDecember 31, 2008December 10, 2013December 31, 2013
    Comment
  • NEA - Increased transmission capacityValue0.000.00500.00
    DateApril 25, 2003December 10, 2013December 31, 2013
    Comment
  • NEA - Number of additional rural households with access to grid-connected electricity.Value0.000.0065000.00
    DateApril 25, 2003December 31, 2013December 31, 2013
    Comment
  • AEPC - Number of additional rural households with access to electricity generated by micro-hydro schemes.Value0.0066174.000.00
    DateApril 25, 2003December 30, 2013
    Comment
  • NEA - Reduced transmission and distribution losses in (9) project-supported distribution centers outside kathmandu Valley.Value28.0023.2626.40
    DateJuly 15, 2007December 30, 2013December 31, 2013
    Comment
  • NEA - Reduced distribution losses in (9) distribution centers in Kathmandu ValleyValue18.8013.2212.80
    DateDecember 31, 2008December 31, 2013December 31, 2013
    Comment
  • People provided with access to electricity by household connectionsValue0.0095155.00139000.00
    DateApril 25, 2003December 30, 2013December 31, 2013
    Comment
  • Generation Capacity of Conventional Generation constructed under the projectValue24.0053.4046.40
    DateJuly 15, 2008December 31, 2013December 31, 2013
    Comment
  • Generation Capacity of Hydropower constructed or rehabilitated under the projectValue0.006.478.11
    DateDecember 31, 2013December 31, 2013
    Comment
  • People provided with access to electricity by hhold connections-GridValue0.0028981.0065000.00
    DateApril 25, 2003December 31, 2013December 31, 2013
    Comment
  • Ppl provided wth elec. by hhold conn.–Offgrid/minigrid–Only renewable sourcesValue0.0066174.0074000.00
    DateApril 25, 2003December 30, 2013December 31, 2013
    Comment
  • Generation Capacity of Hydropower constructed under the projectValue0.006.478.11
    DateDecember 31, 2013December 31, 2013
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of distribution centers under rehabilitationValue0.0026.0018.00
    DateDecember 30, 2013December 31, 2013
    Comment
  • NEA - Km of distribution lines built (grid extension)Value0.002012.000.00
    DateDecember 31, 2003December 30, 2013
    Comment
  • AEPC - Total kW capacity of new micro-hydro village schemes (off-grid)Value0.006.478.11
    DateDecember 31, 2003December 30, 2013December 31, 2013
    Comment