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CO POWER MARKET DEVELOP. & ENERGY (TA)

Abstract*

The overall objective of Private Sector Energy Development Project is to support power sector reform by facilitating the operation of a competitive bulk supply market for electricity. Specifically, the project seeks to lift transmission constraints that hinder an open access of publicly as well as privately owned power generators to the grid and to support Interconexion Electrica SA (ISA) as transmission network operator, system generation dispatcher...

* 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

TO SUPPORT THE GOVT'S PROGRAM TO RESTRUCT. THE ENERGY SECTOR. SPECIFICOBJECTIVES ARE: (A) IMPROVE EFFICIENCY IN SECTOR BY INTRODUCINGCOMPETITIONS AND CONTESTABILITY; (B) STRENGTHEN NEW REGULATORY FRAME-WORK AND DEVELOP REGULATORY CAPABILITIES,AND (C) PROMOTE PARTICIPATIONOF PRIVATE INVESTORS IN OWNERSHIP/OPERATION OF SECTOR ASSETS.

Key Details

Project Details

  • P006887

  • Closed

  • Eduardo H. Zolezzi

  • N/A

  • Colombia

  • October 31, 1994

  • (as of board presentation)

    November 16, 1995

  • June 26, 1996

  • US$ 249.30 million

  • B

  • Not Applicable

  • December 31, 2008

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 249.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 249.30
IDA Commitment N/A
IBRD + IDA Commitment 249.30
Lending Instrument
Grant Amount N/A
Total Project Cost** 249.30

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$)
Nov 16, 1995 IBRD-3954A Loan Commitment 84,818,656.00
Nov 16, 1995 IBRD-39540 Loan Commitment 104,300,000.00
Nov 16, 1995 IBRD-39550 Loan Commitment 145,000,000.00
Nov 16, 1995 IBRD-3954B Loan Commitment 19,481,346.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-2003PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory 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.