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ERITREA POWER DISTRIBUTION AND RURAL ELECTRIFICATION PROJECT

Abstract*

In support of broad-based economic growth, the Eritrea Power Distribution and Rural Electrification Project aims to: (a) establish a sustainable program for expanding the population's access to electricity; and (b) improve the quality and reliability of electricity supply. To meet these objectives, the project will help finance three components: (1) the rehabilitation and expansion of the Asmara city distribution system; (2) a rural electrification...

* 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

Restructuring and additional financing was approved by the Board on June 19, '08 . The revised PDOs of the restructured project are: (i) Expansion of electricit y access in rural areas; (ii) Improve the quality and adequacy of the electricit y supply; (iii)Regulatory and institutional reforms in the sector to increase ef ficiency.

Key Details

Project Details

  • P057929

  • Closed

  • Kyran O'Sullivan

  • N/A

  • Eritrea

  • September 12, 2000

  • (as of board presentation)

    July 6, 2004

  • December 20, 2004

  • US$ 50.00 million

  • B

  • January 15, 2013

  • July 22, 2010

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 29.00
Borrower/Recipient 7.20
IDA GRANT FOR POST-CONFLICT 21.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 50.00
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 57.20

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

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 26, 2008 IDA-H4100 Loan Commitment 17,500,000.00
Jul 6, 2004 IDA-39490 Loan Commitment 29,000,000.00
Jul 6, 2004 IDA-H1140 Loan Commitment 21,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2010-06-22
Project Management Unsatisfactory 2010-06-22
Overall Safeguards Rating Satisfactory 2010-06-22
Progress towards achievement of PDO Unsatisfactory 2010-06-22
Counterpart Funding Satisfactory 2010-06-22
Monitoring and Evaluation Unsatisfactory 2010-06-22
Overall Implementation Progress (IP) Unsatisfactory 2010-06-22
Financial Management Satisfactory 2010-06-22

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 01-26-2011
OutcomesUnsatisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Unsatisfactory
Government PerformanceUnsatisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-30-2011PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a