| Financier | Commitments |
|---|---|
| US: Agency for International Development (USAID) | 14.00 |
| International Bank for Reconstruction and Development | 265.00 |
| Asian Development Bank | 250.00 |
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... Show More
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
January 28, 1992
(as of board presentation)
January 28, 1992
March 18, 1992
US$ 590.00 million
N/A
1992
US$ 529.00 million
B
Not Applicable
June 30, 1998
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
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
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 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-30-1999 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | Not Rated | N/a |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | Satisfactory | N/a |
| Government Performance | Satisfactory | N/a |
| Implementing Agency | Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Not Rated | N/a |
Results Framework
No data available.