| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 250.00 |
Lebanon Energy Sector Reforms Program
Abstract*
The Program will have three components: (i) improving the sector's operational and commercial performance through strengthenedenforcement of contracts with the distribution service providers and installation of advanced metering infrastructure; (ii)enhancing the sector's financial viability through replacing the use of expensive gas oil with natural gas in generation, gradualadjustment of tariffs, and debt management; and (iii) strengthening EDL's... Show More
Development Objective
Improve the commercial and financial performance of the power sector, and strengthen the governance of Electricite du Liban
Key Details
Project Details
P170506
Dropped
Sameh Mobarek , Ani Balabanyan, Tu Nguyen
Ministry of Finance
November 13, 2019
(as of board presentation)
N/A
N/A
US$ 4451.00 million
Electricite du Liban,Ministry of Energy and Water
2021
US$ 250.00 million
N/A
Substantial
March 29, 2024
Yes
CONCEPT REVIEW
April 4, 2025
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 250.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 4451.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Aggregate technical, commercial, and collection (ATC&C) losses are reduced Value 40.00 0.00 24.00 Date December 31, 2018 December 31, 2023 Comment Operational cost recovery of the sector is increased Value 37.00 0.00 100.00 Date December 31, 2018 December 31, 2023 Comment All of EDL’s corporate resource management operations are carried out through the Enterprise Resource Planning (ERP) system Value No Yes Date December 31, 2018 December 31, 2023 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
EDL publishes international financial reporting standards (IFRS) compliant audited financial statements Value No Yes Date December 31, 2018 December 31, 2023 Comment Procurement is carried out in a transparent and competitive manner Value No Yes Date December 31, 2018 December 31, 2023 Comment All operations of the revenue cycle and customer service are carried out through the Commercial Management System (CMS) Value No Yes Date December 31, 2018 December 31, 2023 Comment All AMI components are operational Value 0.00 0.00 100.00 Date December 31, 2018 December 31, 2023 Comment Customers applying for connection of distributed solar increase Value 170.00 0.00 500.00 Date December 31, 2018 December 31, 2023 Comment