1. What We Do

Lao Nam Theun 2 Power Project (former was under PE-P004206-LEN)

Abstract*

The Nam Theun 2 Hydroelectric (NT2) Project seeks to generate revenues through an environmentally and socially sustainable development of NT2's hydropower potential. The project includes a Social and Environment Project (P049290). The Project Appraisal Document (Report No: 31764-LA) covers both projects (P076445 and P049290). This project includes a) the installation of a hydropower facility that will provide 995 MW power for export to Thailand, and...

* 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

To generate revenues, through environmentally and socially sustainable development of NT2#s hydropower potential, which will be used to finance priority poverty reduction and environmental management programs. The use of NT2 revenues for these purposes was envisioned in the Decision Framework agreed between the OL and the Bank in 2001 and reiterated in the GLIP in 2005. IDA provided a partial risk guarantee of US$ 42 million for a syndicated commercial loan to Nam Theun Power Company (NTPC). The IDA guarantee was provided in addition to a USD 20 million IDA grant and a USD 42 million MIGA guarantee.

Key Details

Project Details

  • P076445

  • Closed

  • Daryl Fields

  • N/A

  • US$ 180.00 million

  • N/A

  • December 19, 2024

  • December 31, 2017

  • BANK APPROVED

  • P049290

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Renewable Energy Hydro

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
FRANCE: Govt. of [MOFA and AFD (C2D)] 60.00
Nordic Investment Bank (NIB) 30.00
Export Credit (unidentified) 20.00
Private Commercial Sources (identified) 337.50
NORWAY: Guarantee Institute for Export Credit (GIEK) 35.00
SWEDEN: Export Credit Council (EKN) 30.00
Asian Development Bank 90.00
Foreign Private Commercial Sources (unidentified) 500.00
IDA Guarantee 50.00
MIGA Guarantee 45.00
Borrower/Recipient 112.50
FRANCE: Compagnie Francaise D'assurance Pour (COFACE) 140.00

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 180.00
Total Project Cost** 1450.00

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$)
May 3, 2017 IDA-B0080 Int Charges 74,194.68
Nov 3, 2016 IDA-B0080 Loan Cancel 1,547,601.00
May 3, 2016 IDA-B0080 Fee Charges 86,121.69
May 3, 2016 IDA-B0080 Int Charges 86,121.69
Nov 3, 2016 IDA-B0080 Fee Charges 80,318.18
Nov 3, 2016 IDA-B0080 Int Charges 80,318.18
May 3, 2016 IDA-B0080 Loan Cancel 1,594,146.00
Nov 3, 2015 IDA-B0080 Fee Charges 92,099.73
Nov 3, 2015 IDA-B0080 Int Charges 92,099.73
Nov 3, 2015 IDA-B0080 Loan Cancel 1,551,480.00
Mar 31, 2005 IDA-B0080 Loan Commitment 42,000,000.00
May 5, 2022 IDA-B0080 Loan Cancel 1,481,662.00
Nov 3, 2021 IDA-B0080 Loan Cancel 2,893,510.00
Nov 3, 2021 IDA-B0080 Fee Charges 5,556.24
Nov 3, 2021 IDA-B0080 Int Charges 5,556.24
May 3, 2021 IDA-B0080 Loan Cancel 2,986,599.00
May 5, 2021 IDA-B0080 Fee Charges 16,406.90
May 5, 2021 IDA-B0080 Int Charges 16,406.90
Nov 3, 2020 IDA-B0080 Fee Charges 27,606.65
Nov 3, 2020 IDA-B0080 Int Charges 27,606.65
Nov 3, 2020 IDA-B0080 Loan Cancel 1,726,022.00
May 6, 2020 IDA-B0080 Int Charges 34,079.23
May 4, 2020 IDA-B0080 Loan Cancel 1,784,202.00
May 4, 2015 IDA-B0080 Fee Charges 97,917.78
May 4, 2015 IDA-B0080 Loan Cancel 1,714,385.00
May 6, 2020 IDA-B0080 Fee Charges 34,079.23
May 4, 2015 IDA-B0080 Int Charges 97,917.78
May 5, 2014 IDA-B0080 Loan Cancel 1,594,146.00
May 6, 2014 IDA-B0080 Fee Charges 110,761.13
May 6, 2014 IDA-B0080 Int Charges 110,761.13
Nov 4, 2013 IDA-B0080 Loan Cancel 1,415,726.00
Nov 5, 2013 IDA-B0080 Fee Charges 116,739.17
Nov 5, 2013 IDA-B0080 Int Charges 116,739.17
Nov 3, 2014 IDA-B0080 Loan Cancel 1,710,507.00
Nov 3, 2014 IDA-B0080 Fee Charges 104,346.73
Nov 3, 2014 IDA-B0080 Int Charges 104,346.73
Nov 4, 2019 IDA-B0080 Fee Charges 40,769.99
Nov 4, 2019 IDA-B0080 Int Charges 40,769.99
May 3, 2019 IDA-B0080 Loan Cancel 1,629,054.00
Nov 4, 2019 IDA-B0080 Loan Cancel 1,939,350.00
May 3, 2019 IDA-B0080 Fee Charges 48,042.55
May 3, 2019 IDA-B0080 Int Charges 48,042.55
Nov 5, 2018 IDA-B0080 Loan Cancel 1,958,744.00
Nov 5, 2018 IDA-B0080 Fee Charges 54,151.50
Nov 5, 2018 IDA-B0080 Int Charges 54,151.50
May 3, 2018 IDA-B0080 Loan Cancel 1,760,930.00
May 3, 2018 IDA-B0080 Fee Charges 61,496.79
May 3, 2018 IDA-B0080 Int Charges 61,496.79
Nov 3, 2017 IDA-B0080 Loan Cancel 1,625,175.00
Nov 3, 2017 IDA-B0080 Fee Charges 68,100.28
Nov 3, 2017 IDA-B0080 Int Charges 68,100.28
May 3, 2017 IDA-B0080 Loan Cancel 1,632,933.00
May 3, 2017 IDA-B0080 Fee Charges 74,194.68
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Moderately Satisfactory 2008-11-17
Progress towards achievement of PDO Satisfactory 2008-11-17
Overall Implementation Progress (IP) Satisfactory 2008-11-17

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-28-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceNot RatedN/a
Government PerformanceNot RatedN/a
Implementing AgencyNot RatedN/a
Icr QualityNot RatedN/a
M&e QualitySubstantialN/a

Results Framework

No data available.