| Financier | Commitments |
|---|---|
| Carbon Fund | 7.50 |
| Borrower/Recipient | 936.50 |
UA - ALCHEVSK STEEL MILL REVAMPING AND MODERNIZATION
Development Objective
(i) generate and sell greenhouse gas (GHG) emission reductions (ERs) and transfer ERs as Emission Reduction Units (ERUs) to buyers under Joint Implementation (JI) mechanism by modernization of the steel making capacity in OJSC “Alchevsk Iron and Steel Works” (AISW);
(ii) support investment in technology modernization that improves process, energy efficiency and environmental performancethrough significant reductions in local air emissions, wastewater discharges and solid waste generation/disposal.
Key Details
Project Details
P101615
Closed
Alexei Slenzak
N/A
March 15, 2007
(as of board presentation)
May 6, 2008
May 21, 2009
US$ 944.00 million
N/A
2008
US$ 7.50 million
N/A
Not Applicable
June 30, 2013
BANK APPROVED
December 19, 2024
Finances
Financing Plan (US$ Millions)
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 | 7.50 |
| Total Project Cost** | 944.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2013-12-23 |
| Progress towards achievement of PDO | Satisfactory | 2013-12-23 |
| Monitoring and Evaluation | Satisfactory | 2013-12-23 |
| Overall Implementation Progress (IP) | Satisfactory | 2013-12-23 |
| Counterpart Funding | Satisfactory | 2013-12-23 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
generate and sell greenhouse gas (GHG) emission reductions (ERs) and transfer ERs as Emission Reduction Units (ERUs) to buyers under Joint Implementation (JI) mechanism Value 0.00 1336254.00 1336254.00 Date December 31, 2011 December 31, 2012 Comment This data are considered as confidential and could not be publicly disclosed. This data are considered as confidential and could not be publicly disclosed.
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
ERs transferred as early credits Value 0.00 736254.00 736254.00 Date January 1, 2005 December 31, 2007 December 31, 2008 Comment This data are considered as confidential and could not be publicly disclosed. 2008 ERs transferred Value 0.00 643006.00 600000.00 Date January 1, 2008 December 31, 2008 December 31, 2009 Comment 5590727 t of CO2 eq This data are considered as confidential and could not be publicly disclosed.