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POWER UTIL EFFIC IMP

Abstract*

The main objectives of the project are to: (a) support the government's efforts to make the Power Finance Corporation (PFC) a viable and effective instrument for improving the power sector; (b) strengthen the operations of the beneficiary utilities by lending only to those willing to undertake acceptable reform programs; (c) foster better use of existing power facilities by reducing constraints in the transmission and distribution systems; (d) mitigate...

* 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

ASSIST IN FORMATION OF THE POWER FINANCE CORPORATION (PFC), WHICHWILL SERVE AS A FINANCIAL INTERMEDIARY SERVING THE POWER SUBSECTOR.

Key Details

Project Details

  • P009888

  • Closed

  • Magdalena V. Manzo

  • N/A

  • India

  • January 28, 1992

  • (as of board presentation)

    January 28, 1992

  • March 18, 1992

  • US$ 590.00 million

  • N/A

  • South Asia

  • 1992

  • US$ 529.00 million

  • B

  • Not Applicable

  • June 30, 1998

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
US: Agency for International Development (USAID) 14.00
International Bank for Reconstruction and Development 265.00
Asian Development Bank 250.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 265.00
IDA Commitment N/A
IBRD + IDA Commitment 265.00
Lending Instrument
Grant Amount 264.00
Total Project Cost** 590.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 28, 1992 IBRD-3436A Loan Commitment 19,625,276.00
Jan 28, 1992 IBRD-34360 Loan Commitment 245,374,720.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-1999PROJECT 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.