| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 211.00 |
LEYTE CEBU GEOTHERMAL
Abstract*
The objectives of the project are to: (a) meet the rapidly increasing demand for power in Cebu and the Visayas region using indigenous and environmentally superior geothermal energy; (b) strengthen the institutional, planning and financial systems of the National Power Corporation (NPC) and the Philippine National Oil Company (PNOC); (c) promote private sector participation in power generation; (d) improve the performance of the energy sector through... Show More
Development Objective
TO MEET THE INCREASING POWER DEMAND IN CEBU AT THE LOWEST COST BYUTILIZING GEOTHERMAL RESOURCES IN CEBU. PROJECT WILL INCLUDE:1) DEVT OF LEYTE GEOTHERMAL; 2) CONSTRUCTION OF AROUND 200 MW POWERGENERATING CAPACITY; AND 3) THE LEYTE-LUZON TRANSMISSION LINE.
Key Details
Project Details
P004584
Closed
Selina Wai Sheung Shum
N/A
October 31, 1994
(as of board presentation)
February 3, 1994
July 18, 1994
US$ 470.00 million
N/A
1994
US$ 211.00 million
A
January 15, 2013
September 30, 1999
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 211.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 211.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 470.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Aug 15, 2013 | IBRD-3700A | Int Charges | 4,374.72 |
| Feb 3, 1994 | IBRD-37020 | Loan Commitment | 64,000,000.00 |
| Aug 1, 2013 | IBRD-37000 | Int Charges | 499,490.56 |
| Aug 1, 2013 | IBRD-37000 | Loan Repay | 6,828,106.50 |
| Aug 1, 2013 | IBRD-37000 | Int Charges | 63,549.22 |
| Aug 1, 2013 | IBRD-37000 | Loan Repay | 528,613.40 |
| Aug 15, 2013 | IBRD-3700A | Loan Repay | 646,423.20 |
| Feb 3, 1994 | IBRD-3700A | Loan Commitment | 19,646,042.00 |
| Feb 3, 1994 | IBRD-37000 | Loan Commitment | 127,353,960.00 |
| Aug 1, 2014 | IBRD-37000 | Loan Repay | 5,013.47 |
| Aug 1, 2014 | IBRD-37000 | Int Charges | 203.20 |
| Feb 1, 2014 | IBRD-37000 | Loan Repay | 7,055,190.50 |
| Feb 1, 2014 | IBRD-37000 | Int Charges | 208,958.25 |
| Feb 1, 2014 | IBRD-37000 | Int Charges | 76,991.52 |
| Feb 15, 2014 | IBRD-3700A | Int Charges | 2,094.92 |
| Feb 15, 2014 | IBRD-3700A | Loan Repay | 671,924.56 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-22-2000 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Unsatisfactory | N/a |
| Risk To Development Outcome | Not Rated | N/a |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | Satisfactory | N/a |
| Government Performance | Unsatisfactory | N/a |
| Implementing Agency | Satisfactory | N/a |
| Icr Quality | Exemplary | N/a |
| M&e Quality | Not Rated | N/a |
Results Framework
No data available.