Skip to Main Navigation

KIEV DISTRICT HEAT

Abstract*

The objectives of the Kiev District Heating Improvement Project are: (a) to replace and increase heat production capacity to better meet existing and expected future demand and to improve the reliability and service levels in the Kiev District Heating (DH) system; (b) to extend the life of, increase the efficiency of, and enhance conservation of the Kiev DH system, through rehabilitation and introduction of modern technologies and materials; and (c)...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Show More

Development Objective

The project would: (a) replace and increase he at production capacity; (b) extend the life of, increase the efficiency of, and enhance conservation of the K yiv district heating system; and (c) promote sound cost recovery policies and practices and the commercializa tion and institutional strengthening of project district heating companies, identify the most efficient insti tutional and corporate structure for provision of district heating in Kyiv, and support project implementation.

Key Details

Project Details

  • P044832

  • Closed

  • Pekka Salminen

  • N/A

  • Ukraine

  • October 17, 1996

  • (as of board presentation)

    May 21, 1998

  • April 12, 1999

  • US$ 240.00 million

  • B

  • Not Applicable

  • June 30, 2007

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
European Bank for Reconstruction and Development 40.00
International Bank for Reconstruction and Development 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount 40.00
Total Project Cost** 308.90

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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

Detailed Financial Activity as of July 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Oct 15, 2014 IBRD-43240 Int Charges 150,951.17
May 21, 1998 IBRD-43240 Loan Commitment 200,000,000.00
Apr 15, 2014 IBRD-43240 Int Charges 179,095.89
Apr 15, 2014 IBRD-43240 Loan Repay 6,121,203.00
Oct 15, 2013 IBRD-43240 Int Charges 221,535.47
Oct 15, 2013 IBRD-43240 Loan Repay 5,944,816.00
Oct 15, 2015 IBRD-43240 Int Charges 149,431.77
Oct 15, 2015 IBRD-43240 Loan Repay 6,685,562.00
Apr 15, 2015 IBRD-43240 Int Charges 140,772.88
Apr 15, 2015 IBRD-43240 Loan Repay 6,493,520.50
Apr 15, 2016 IBRD-43240 Int Charges 150,471.75
Apr 15, 2016 IBRD-43240 Loan Repay 6,885,381.00
Oct 15, 2016 IBRD-43240 Int Charges 182,428.00
Oct 15, 2016 IBRD-43240 Loan Repay 7,089,188.50
Apr 15, 2017 IBRD-43240 Loan Repay 7,300,773.50
Apr 15, 2017 IBRD-43240 Int Charges 183,706.28
Apr 15, 2018 IBRD-43240 Loan Repay 7,752,759.50
Apr 15, 2018 IBRD-43240 Int Charges 776.16
Apr 15, 2018 IBRD-43240 Int Charges 75,645.36
Oct 15, 2017 IBRD-43240 Loan Repay 7,516,346.50
Oct 15, 2017 IBRD-43240 Int Charges 138,936.16
Oct 15, 2014 IBRD-43240 Loan Repay 6,305,367.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2007-06-27
Overall Safeguards Rating Satisfactory 2007-06-27
Counterpart Funding Moderately Satisfactory 2007-06-27
Project Management Moderately Satisfactory 2007-06-27
Financial Management Moderately Satisfactory 2007-06-27
Monitoring and Evaluation Moderately Satisfactory 2007-06-27
Overall Implementation Progress (IP) Moderately Unsatisfactory 2007-06-27
Progress towards achievement of PDO Moderately Unsatisfactory 2007-06-27

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-18-2007
OutcomesModerately Unsatisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceSubstantial
Borrower PerformanceModerately Satisfactory
Government PerformanceSubstantial
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 03-17-2008PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeSignificantN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately UnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyModerately UnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

No data available.