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POWER III

Abstract*

The Third Power Project supports a financial restructuring designed to ensure a satisfactory financial autonomy and performance of SONELGAZ (Societe Nationale de l'Electricite et du Gaz). It will strengthen the existing power system by: (a) the construction of transmission lines to interconnect the power station under construction at Jijel to SONELGAZ's bulk supply systems; (b) the construction and/or extension of seven transformer substations; and...

* 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

CONSTRUCTION OF 450KM OF 220 KV TRANSMISSION LINES AND SEVEN POWERTRANSFORMER SUBSTATIONS. TRAINING & TECH. ASST. FOR VARIOUS STUDIES.

Key Details

Project Details

  • P004904

  • Closed

  • Rene G. Mendonca

  • N/A

  • Algeria

  • June 29, 1988

  • (as of board presentation)

    June 29, 1988

  • March 29, 1990

  • US$ 160.00 million

  • C

  • Not Applicable

  • June 30, 1997

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 160.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 160.00
IDA Commitment N/A
IBRD + IDA Commitment 160.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 313.80

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 26, 1989 COFN-02110 Loan Commitment 86,500,000.00
Jun 29, 1988 IBRD-2981S Loan Commitment 62,296,504.00
Jun 29, 1988 IBRD-29810 Loan Commitment 97,703,496.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-31-1998PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.