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Electricity Market Development Project

Abstract*

The objective of the Electricity Market Development Project is to support the development of a competitive electricity market by providing working capital to thermal power generators for the purchase of fuel and spare parts, and by installing metering and communications equipment needed for the proper function of the settlement system. The project includes the following components: a) building up fuel stocks at thermal power plants to level that are...

* 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

(I) BUILDING UP FUEL STOCK OF THERMAL POWER PLANTS TO LEVELSCONSISTENT WITH STANDARD INDUSTRY PRACTICES; (II) BUILDING UP STOCK OF SPARE PARTS AND CARRYING OUT DEFERRED MAINTENANCE AT THERMAL POWER PLANTS; AND (III) PURCHASE AND INSTALLATION OF METERING AND COMMUNICATIONS EQUIPMENT TO IMPROVE BILLING AT KEY DELIVERY POINTS.

Key Details

Project Details

  • P044444

  • Closed

  • Carolyn Gochenour

  • N/A

  • Ukraine

  • March 6, 1996

  • (as of board presentation)

    October 10, 1996

  • July 30, 1996

  • US$ 322.10 million

  • B

  • Not Applicable

  • December 31, 1999

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
NETHERLANDS: Min. of Foreign Affairs / Min. of Dev. Coop. 1.00
UK, Govt. of 1.80
US, Govt. of 2.30
International Bank for Reconstruction and Development 317.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 317.00
IDA Commitment N/A
IBRD + IDA Commitment 317.00
Lending Instrument
Grant Amount 5.10
Total Project Cost** 322.10

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$)
Nov 15, 2013 IBRD-40980 Int Charges 10,195.78
Nov 15, 2013 IBRD-40980 Loan Repay 3,166,388.80
Nov 15, 2013 IBRD-40981 Int Charges 59.95
Nov 15, 2013 IBRD-40981 Loan Repay 18,621.63
Oct 10, 1996 IBRD-40980 Loan Commitment 245,400,000.00
Oct 10, 1996 IBRD-40981 Loan Commitment 71,600,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-18-2000PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Unsatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceUnsatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceHighly UnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.