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POWER MODERNIZATION

Abstract*

The project aims to ensure suitable electricity service at least cost and to modernize UTE's management to improve efficiency. Project objectives include : a) improving the reliability of meeting short to medium term electricity demand; and b) improving sector efficiency by improving UTE's managerial capability and reducing losses. As part of UTE's investment program for 1990-97, the project will include the following components : 1) installation...

* 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

IMPROVEMENT IN THE GENERATION AND SUPPLY OF ELECTRICITY IN MONTEVIDEO.

Key Details

Project Details

  • P008146

  • Closed

  • Luis Vaca-Soto

  • N/A

  • Uruguay

  • June 7, 1990

  • (as of board presentation)

    June 7, 1990

  • October 29, 1990

  • US$ 62.50 million

  • B

  • Not Applicable

  • June 30, 1999

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 62.50
US: Export-Import Bank of the United States (EXIMBANK) 51.20

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 62.50
IDA Commitment N/A
IBRD + IDA Commitment 62.50
Lending Instrument
Grant Amount N/A
Total Project Cost** 225.00

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$)
Jun 7, 1990 IBRD-32210 Loan Commitment 18,750,000.00
Jun 7, 1990 IBRD-3221S Loan Commitment 43,750,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 04-24-2000PROJECT 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.