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TRANSMISSION GRID REINFORCEMENT PROJECT

Abstract*

The main objectives of the Transmission Grid Reinforcement Project are to: 1) evacuate power from major generation plants at Sual and Masinloc, both expected to be operational in 1998; 2) reinforce overloaded substations and extend the extra high voltage (EHV) grid in Northwest Luzon and Western Visayas; and 3) strengthen the transmission system and load dispatch operations to support creation of an autonomous transmission subsidiary (TRANSCO), which...

* 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

THE PROJECT WOULD STRENGTHEN NPC'S ROLE AS OPERATOR OF A NATIONALTRANSMISSION GRID INTERCONNECTING MAJOR LOAD AND GENERATION CENTERS.IT WOULD COMPRISE FOUR COMPONENTS (1) 500 KV REINFORCEMENT (2) LOADDISPATCH CENTER (3) SUBTRANSMISSION REINFORCEMENT (4) TECHICALASSISTANCE AND MFS FACILITIES FOR NPC PRIVATIZATION.

Key Details

Project Details

  • P004571

  • Closed

  • Selina Wai Sheung Shum

  • N/A

  • Philippines

  • December 30, 1994

  • (as of board presentation)

    April 4, 1996

  • November 12, 1996

  • US$ 302.12 million

  • B

  • Not Applicable

  • December 31, 2003

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
JAPAN: EXIMBANK/MINISTRY OF INTERNATIONAL TRADE (EID/MITI) 89.50
GERMANY: KREDITANSTALT FUR WIEDERAUFBAU (KFW) 32.76
Asian Development Bank 84.68
International Bank for Reconstruction and Development 184.68
Borrower/Recipient 82.16

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 184.68
IDA Commitment N/A
IBRD + IDA Commitment 184.68
Lending Instrument
Grant Amount 117.44
Total Project Cost** 473.78

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

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 15, 2013 IBRD-39970 Loan Repay 4,765,800.00
Aug 15, 2013 IBRD-39960 Int Charges 61,560.64
Mar 3, 2014 IBRD-39960 Int Charges 26,374.22
Mar 3, 2014 IBRD-39960 Loan Repay 3,244,622.00
Mar 3, 2014 IBRD-39960 Loan Repay 3,892,698.50
Mar 3, 2014 IBRD-39960 Loan Repay 603,994.06
Mar 3, 2014 IBRD-39960 Loan Repay 32,096.89
Mar 3, 2014 IBRD-39970 Int Charges 5,079.67
Mar 3, 2014 IBRD-39970 Loan Repay 21,165,306.00
Feb 15, 2014 IBRD-39960 Int Charges 24,338.15
Feb 15, 2014 IBRD-39960 Int Charges 361,761.03
Feb 15, 2014 IBRD-39970 Loan Repay 4,910,800.00
Feb 15, 2014 IBRD-39960 Loan Repay 1,777,413.60
Feb 15, 2014 IBRD-3996A Int Charges 15,433.06
Feb 15, 2014 IBRD-3996A Loan Repay 1,310,145.50
Feb 15, 2014 IBRD-39970 Int Charges 81,299.50
Aug 15, 2013 IBRD-39960 Int Charges 342,331.44
Aug 15, 2013 IBRD-39960 Loan Repay 1,718,164.90
Aug 15, 2013 IBRD-3996A Int Charges 20,320.96
Aug 15, 2013 IBRD-3996A Loan Repay 1,313,337.50
Aug 15, 2013 IBRD-39970 Int Charges 102,343.71
Aug 15, 2015 IBRD-3996A Int Charges 4,994.32
Aug 15, 2015 IBRD-3996A Loan Repay 1,191,276.90
Feb 15, 2015 IBRD-3996A Int Charges 8,010.62
Feb 15, 2015 IBRD-3996A Loan Repay 1,202,090.80
Aug 15, 2014 IBRD-3996A Int Charges 11,406.78
Aug 15, 2014 IBRD-3996A Loan Repay 1,346,437.90
Mar 3, 2014 IBRD-39960 Int Charges 90,948.91
Feb 15, 2016 IBRD-3996A Int Charges 2,878.82
Feb 15, 2016 IBRD-3996A Loan Repay 1,341,060.60
Apr 4, 1996 IBRD-39960 Loan Commitment 100,000,000.00
Apr 4, 1996 IBRD-3996A Loan Commitment 66,097,572.00
Apr 4, 1996 IBRD-39970 Loan Commitment 150,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 09-01-2004PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.