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WATER COMPANIES REST

Abstract*

The Water Companies Restructuring and Modernization Project objectives are to assist the government to: (i) increase the corporate autonomy and commercial orientation of the regional water and sewerage companies (RWCs) and make their management accountable to local authorities; (ii) improve health and environmental conditions in urban areas and conserve water resources; (iii) increase operating efficiency and cost recovery in RWCs; and (iv) demonstrate...

* 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 PROVIDE A FRAMEWORK FOR STRENGTHENING LOCAL WATER UTILITIES,IMPROVE THEIR FINANCES AND MANAGEMENT, AND COMPLETE PRIORITY WORKS.

Key Details

Project Details

  • P008319

  • Closed

  • Sudipto Sarkar

  • N/A

  • Bulgaria

  • October 31, 1994

  • (as of board presentation)

    May 26, 1994

  • October 10, 1995

  • US$ 57.00 million

  • B

  • Not Applicable

  • December 31, 2002

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 57.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 57.00
IDA Commitment N/A
IBRD + IDA Commitment 57.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 80.00

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$)
May 26, 1994 IBRD-37390 Loan Commitment 41,000,000.00
May 26, 1994 IBRD-3739S Loan Commitment 12,261,126.00
May 26, 1994 IBRD-3739A Loan Commitment 44,738,876.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 09-30-2003PROJECT PERFORMANCE ASSESSMENT REPORT: 04-07-2005
Outcome RatingModerately Satisfactory Moderately Satisfactory
Risk To Development OutcomeNot RatedNot Rated
Bank PerformanceSatisfactorySatisfactory
Borrower PerformanceSatisfactorySatisfactory
Government PerformanceSatisfactorySatisfactory
Implementing AgencySatisfactoryNot Rated
Icr QualitySatisfactoryNot Rated
M&e QualityNot RatedNot Rated

Results Framework

No data available.