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Siddhirganj Power Project Additional Financing

Development Objective

Increase supply of electricity to Bangladesh grid network.

Key Details

Project Details

  • P154127

  • Closed

  • Md. Iqbal , Sheoli Pargal

  • N/A

  • Bangladesh

  • September 9, 2015

  • (as of board presentation)

    November 13, 2015

  • N/A

  • US$ 205.21 million

  • N/A

  • South Asia

  • 2016

  • US$ 176.71 million

  • A

  • February 28, 2022

  • December 31, 2019

  • Yes

  • BANK APPROVED

  • P095965

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 176.71
Borrower/Recipient 28.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 176.71
IBRD + IDA Commitment 176.71
Lending Instrument
Grant Amount N/A
Total Project Cost** 205.21

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Additional annual electricity delivered to grid (in billion kWh): peak and off-peak: 2.49Value00.00At least 2.49 billionkWh delivered to grid.Peak:
    DateApril 1, 2009August 3, 2015December 31, 2017
    CommentNo kWh generated as CCPP is under construction.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • O&M Contracts budgeted and implementedValueLimited O&M capacity of EGCBO&M for Siddhirganj 2x120 MW peaking units is provEGCB runs the 335 MW CCPP on global O&M protocols.
    DateApril 1, 2009August 3, 2015December 31, 2019
    CommentRebidding done as no responsive bids received in the first round bidding. Bids are under evaluation.
  • ERP functional and generating reportsValueInformation based on past data and recordsInformation is based on past data and records. BotERP go live and is generating reports.
    DateApril 1, 2009August 3, 2015June 30, 2018
    CommentRebidding done as no responsive bids received in the first round bidding. Bids are under evaluation.
  • Transmission lines constructed under the projectValue0.0011.0011.00
    DateApril 1, 2009August 3, 2015March 31, 2016
    CommentInstallation of Power evacuation system is complete and evacuating 235 MW of power of other power stations.11 km 230 kV power evacuation system built, transfers at least 2.49 billion kWh to grid.
  • Generation Capacity of Conventional Generation constructed under the projectValue0.000.00335.00
    DateApril 1, 2009August 3, 2015December 31, 2016
    CommentConstruction of the 335 MW Siddhirganj CCPP is ongoing. Pre-commissioning activities of GT has started.335 MW CCPP built and operational.
  • Transmission lines constructed or rehabilitated under the projectValue0.0011.0011.00
    DateApril 1, 2009April 21, 2015March 31, 2016
    Comment
  • 60 km gas transmission line constructedValue0.0060.0060.00
    DateApril 1, 2009August 3, 2015June 30, 2016
    CommentPipeline installation complete and flowing upstream gas. Pre-commissioing gas for CCPP is available.60 km gas supply line supplies gas to 335 MW CCPP and the other 1,300 MW power plants at Siddhirganj.
  • Projected lifetime fuel savingsValue0.000.00218.60
    DateApril 1, 2009August 3, 2015December 31, 2017
    Comment0.00 The CCPP is not yet ready to burn fuel.218.6 petajoule life time fuel saving achieved.