| Financier | Commitments |
|---|---|
| IBRD Guarantee | 78.00 |
Privatization of the Power Distribution System Operator (OSSH) Partial Risk Guarantee
Abstract*
The objective of the Privatization of the Electricity Distribution System Operator (OSSH) Partial Risk Guarantee (PRG) Project for Albania is to facilitate the privatization of OSSH in the context of a new regulatory framework. The project will be considered successful if: 1) the transaction is closed and the strategic investor takes over OSSH; and 2) if the new regulatory framework is implemented as agreed for the period of the PRG coverage. The... Show More
Development Objective
The objective of the proposed PRG is to support Albaniaâ??s energy sector privatization program by enabling the Government of Albania (GOA or the Government) and CEZ of the Czech Republic to implement the privatization related agreements for OSSH under the new regulatory framework.
Key Details
Project Details
P112242
Closed
Arturo S. Rivera
N/A
March 17, 2009
(as of board presentation)
May 5, 2009
N/A
US$ 78.00 million
N/A
2009
US$ 0.00 million
N/A
December 19, 2024
December 31, 2014
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 78.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 5, 2009 | IBRD-G2010 | Loan Commitment | 78,000,000.00 |
| Dec 3, 2014 | IBRD-G2010 | Loan Cancel | -73,935,000.00 |
| Dec 3, 2014 | IBRD-G2010 | Loan Cancel | 73,935,000.00 |
| Dec 3, 2014 | IBRD-G2010 | Fee Charges | -607.70 |
| Dec 3, 2014 | IBRD-G2010 | Int Charges | -607.70 |
| Dec 3, 2014 | IBRD-G2010 | Fee Charges | 607.70 |
| Jun 15, 2014 | IBRD-G2010 | Int Charges | 121,539.59 |
| Dec 3, 2014 | IBRD-G2010 | Loan Cancel | 73,935,000.00 |
| Dec 3, 2014 | IBRD-G2010 | Fee Charges | 607.70 |
| Dec 3, 2014 | IBRD-G2010 | Int Charges | 607.70 |
| Dec 15, 2013 | IBRD-G2010 | Fee Charges | 123,164.13 |
| Dec 15, 2013 | IBRD-G2010 | Int Charges | 123,164.13 |
| Jun 15, 2014 | IBRD-G2010 | Fee Charges | 121,539.59 |
| Dec 3, 2014 | IBRD-G2010 | Int Charges | 607.70 |
Results Framework
No data available.