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PK: Hub Power Guarantee

Development Objective

Expanded Cofinancing Operation (ECO): Partial Risk Guarantee of up up $240 million of a commercial syndicated bank loan to the Hub Power Company approved by the Board in October 1994. This included $200 million in base financing and $40 million in standby.In July 1997, the Hub Power Plant was completed on time and under budget, and Hubco released all unsued funds from the various lending facilities, including the unused standby facility of $40 million and part of the base facility under the ECO Guarantee.

Key Details

Project Details

  • P069043

  • Closed

  • Rashid Aziz

  • N/A

  • Pakistan

  • November 29, 1994

  • (as of board presentation)

    November 29, 1994

  • N/A

  • US$ 0.00 million

  • N/A

  • Not Applicable

  • June 30, 2005

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 240.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount N/A
Total Project Cost** 1500.00

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

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.