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ENERGY STR DEREGULAT

Abstract*

The project will comprise of: (a) the installation of about 120 MW of power generation capacity consisting of a 60 MW low-speed diesel plant in the private sector and a 60 MW combustion turbine plant, of which the first 30 MW will be in the public sector and the second 30 MW will be in the private sector; (b) the installation of associated transmission lines and substations; (c) establishment and operation of the Private Sector Energy Fund to provide...

* 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 ESTABLISH AN INSTITUTIONAL & INCENTIVE FRAMEWORK FOR MOBILIZATIONOF PRIVATE SECTOR INVESTMENTS IN ENERGY SECTOR,ESTABLISH VEHICLE FORPROVIDING LONG-TERM FINANCING FOR ENERGY PROJECTS, SUPPORT INITIATIONOF GOJ'S PRIVATIZATION PROGRAM IN ENERGY SECTOR THROUGH TECHNICALASSISTANCE AND BY TRNG ENERGY SECTOR PROJS ESTABLISHED BY PRIVATE STR.

Key Details

Project Details

  • P007476

  • Closed

  • Joerg-Uwe Richter

  • N/A

  • Jamaica

  • July 2, 1992

  • (as of board presentation)

    July 2, 1992

  • February 8, 1993

  • US$ 127.80 million

  • B

  • Not Applicable

  • December 31, 1999

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 60.00
EC: European Investment Bank 10.30
Foreign Private Commercial Sources (unidentified) 36.00
Inter-American Development Bank 57.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 60.00
IDA Commitment N/A
IBRD + IDA Commitment 60.00
Lending Instrument
Grant Amount 67.80
Total Project Cost** 179.00

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$)
Jul 2, 1992 IBRD-3502A Loan Commitment 42,529,928.00
Jul 2, 1992 IBRD-35020 Loan Commitment 17,470,074.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-08-2000PROJECT PERFORMANCE ASSESSMENT REPORT: 06-25-1998
Outcome RatingUnsatisfactory Moderately Satisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceSatisfactorySatisfactory
Borrower PerformanceUnsatisfactoryUnsatisfactory
Government PerformanceSatisfactoryUnsatisfactory
Implementing AgencyUnsatisfactoryNot Rated
Icr QualityExemplaryNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.