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Hungary - Pannonpower Biomass Project (PCF)

Development Objective

The objectives of the Project are to provide peaking and reserve capacity to ensure a highly reliable heat supply to the district heating system of the city of Pecs and to generate renewable electricity that reduces GHG emissions and local pollution by switching fuels used in one of the Pecs CHP units.

Key Details

Project Details

  • P074547

  • Closed

  • William Nicholas Bowden

  • N/A

  • Hungary

  • August 5, 2003

  • (as of board presentation)

    April 8, 2004

  • August 28, 2003

  • US$ 5.01 million

  • B

  • Not Applicable

  • December 31, 2013

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
PROTOTYPE CARBON FUND 5.01
Borrower/Recipient 35.00

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 5.01
Total Project Cost** 40.01

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

Name Review Date
Overall Safeguards Rating Highly Satisfactory 2012-05-24
Counterpart Funding Satisfactory 2012-05-24
Overall Implementation Progress (IP) Highly Satisfactory 2012-05-24
Progress towards achievement of PDO Highly Satisfactory 2012-05-24
Monitoring and Evaluation Highly Satisfactory 2012-05-24
Project Management Highly Satisfactory 2012-05-24
Overall Safeguards Rating Highly Satisfactory 2012-05-24

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Reduction of greenhouse gas emissionsValue0.001063879.001193000.00
    DateJanuary 1, 2008December 31, 2011December 31, 2012
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Annual Emission Reduction ScheduleValue0.001063879.001193000.00
    DateJanuary 1, 2008December 31, 2011December 31, 2012
    CommentCulumative ERs through end of 2012