| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 30.00 |
| SWEDEN: Swedish Agency for Int. Tech. and Eco. Corp. | 39.00 |
| Expanded Cofinancing | 100.00 |
| International Bank for Reconstruction and Development | 227.00 |
| JAPAN: EXIMBANK/MINISTRY OF INTERNATIONAL TRADE (EID/MITI) | 170.00 |
| Foreign Private Commercial Sources (unidentified) | 620.40 |
LEYTE LUZON GEOTHERMAL
Abstract*
The objectives of the Leyte-Luzon Geothermal project are to: 1) meet the rapidly increasing demand for power in Luzon; 2) strengthen the energy sector; 3) support the large ongoing private sector participation in power generation; 4) strengthen the National Power Corporation's (NPC) capabilities in environmental and social impact analyses; 5) introduce Expanded Cofinancing Operation in the Philippines; and 6) ensure the financial viability of NPC... Show More
Development Objective
TO MEET THE INCREASING POWER DEMAND IN LUZON AT THE LOWEST COST BY UTILIZAING GEOTHERMAL RESOURCES IN LEYTE. PROJECT WILL INCLUDE: 1) DEVELOPMENT OF LEYTE GEOTHERMAL; 2) CONSTRUCTION OF AROUND 440 MS POWER GENERATING CAPACITY; AND 3) THE LEYTE-LUZON TRANSMISSION LINE
Key Details
Project Details
P004607
Closed
Selina Wai Sheung Shum
N/A
October 31, 1994
(as of board presentation)
June 7, 1994
March 1, 1995
US$ 1266.90 million
N/A
1994
US$ 296.00 million
A
N/A
March 31, 2000
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 227.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 227.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 69.00 |
| Total Project Cost** | 1266.90 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Oct 15, 2014 | IBRD-37460 | Loan Repay | 19,001.28 |
| Oct 15, 2014 | IBRD-37460 | Int Charges | 761.76 |
| Oct 15, 2013 | IBRD-37460 | Loan Repay | 4,887,244.50 |
| Oct 15, 2013 | IBRD-37460 | Int Charges | 361,207.10 |
| Oct 15, 2013 | IBRD-37460 | Loan Repay | 141,651.14 |
| Oct 15, 2013 | IBRD-3746A | Int Charges | 3,461.07 |
| Oct 15, 2013 | IBRD-37460 | Int Charges | 16,852.71 |
| Oct 15, 2013 | IBRD-3746A | Loan Repay | 521,313.66 |
| Apr 15, 2014 | IBRD-3746A | Loan Repay | 542,552.94 |
| Apr 15, 2014 | IBRD-3746A | Int Charges | 1,563.46 |
| Apr 15, 2014 | IBRD-37460 | Loan Repay | 5,031,070.00 |
| Dec 22, 1994 | COFN-03450 | Loan Commitment | 114,000,000.00 |
| Apr 15, 2014 | IBRD-37460 | Int Charges | 50,356.53 |
| Apr 15, 2014 | IBRD-37460 | Int Charges | 151,338.38 |
| Dec 22, 1994 | COFN-03440 | Loan Commitment | 56,000,000.00 |
| Jun 7, 1994 | IBRD-37470 | Loan Commitment | 114,000,000.00 |
| Jun 7, 1994 | IBRD-3746A | Loan Commitment | 24,153,530.00 |
| Jun 7, 1994 | IBRD-37460 | Loan Commitment | 88,846,472.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 02-01-2001 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Unsatisfactory | N/a |
| Risk To Development Outcome | Not Rated | N/a |
| Bank Performance | Unsatisfactory | N/a |
| Borrower Performance | Unsatisfactory | N/a |
| Government Performance | Highly Unsatisfactory | N/a |
| Implementing Agency | Unsatisfactory | N/a |
| Icr Quality | Exemplary | N/a |
| M&e Quality | Not Rated | N/a |
Results Framework
No data available.