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Moldova Power System Development Project

Abstract*

The objective of the Power System Development Project is to increase capacity and improve reliability of the power transmission system in Moldova. There are four components to the project, the first component being construction of Vulcanesti‐Chisinau overhead line. This component will support domestic transmission network reinforcement that will enable the effective operation of cross‐border interconnection between Moldova and Romania. The component...

* 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

The Project Development Objective is to increase capacity and improve reliability of the power transmission system in Moldova.

Key Details

Project Details

  • P160829

  • Active

  • Koji Nishida , Roger Coma Cunill

  • Republic of Moldova

  • Moldova

  • November 1, 2018

  • (as of board presentation)

    May 8, 2019

  • March 24, 2020

  • US$ 45.00 million

  • Moldova Energy Projects Implementation Unit (MEPIU),Ministry of Energy

  • Europe and Central Asia

  • 2019

  • US$ 70.00 million

  • A

  • June 19, 2024

  • June 30, 2026

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 70.00
Borrower/Recipient 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 70.00
IBRD + IDA Commitment 70.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 45.00

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$)
Jun 21, 2024 IDA-63810 Loan Disb 959,912.20
May 15, 2020 IDA-63810 Fee Charges 35,401.11
Nov 15, 2020 IDA-63810 Int Charges 18,199.48
Nov 15, 2020 IDA-63810 Int Charges 19,457.72
May 15, 2021 IDA-63810 Int Charges 19,660.48
Nov 15, 2021 IDA-63810 Int Charges 18,905.13
May 8, 2019 IDA-63800 Loan Commitment 55,000,000.00
May 8, 2019 IDA-63810 Loan Commitment 15,000,000.00
May 15, 2024 IDA-63800 Loan Repay 855,553.90
May 15, 2022 IDA-63810 Int Charges 5,609.09
May 15, 2022 IDA-63810 Int Charges 14,104.41
Dec 22, 2021 IDA-63810 Loan Disb 3,050,905.20
May 15, 2023 IDA-63810 Int Charges 13,569.64
May 15, 2023 IDA-63810 Int Charges 104.03
May 15, 2023 IDA-63810 Int Charges 52,877.44
Nov 15, 2022 IDA-63810 Int Charges 2,871.50
Nov 15, 2022 IDA-63810 Int Charges 10,775.61
Nov 15, 2022 IDA-63810 Int Charges 10,775.61
Jan 6, 2023 IDA-63810 Loan Disb 386,151.12
Apr 17, 2023 IDA-63810 Loan Disb 547,512.60
Jul 11, 2023 IDA-63810 Loan Disb 247,373.84
Nov 15, 2023 IDA-63810 Int Charges 103.90
Nov 15, 2023 IDA-63810 Int Charges 11,569.24
Nov 15, 2023 IDA-63810 Int Charges 1,273.89
Nov 15, 2023 IDA-63810 Int Charges 94,452.47
Nov 15, 2023 IDA-63810 Int Charges 1,273.89
Dec 29, 2023 IDA-63810 Loan Disb 3,820,680.00
Jun 26, 2024 IDA-63810 Loan Disb 757,232.00
Nov 21, 2023 IDA-63810 Loan Disb 1,683,935.60
Aug 28, 2024 IDA-63810 Loan Disb 1,395,804.80
May 15, 2024 IDA-63810 Int Charges 6,586.51
May 15, 2024 IDA-63810 Int Charges 6,586.51
May 15, 2024 IDA-63810 Int Charges 218,047.60
Feb 29, 2024 IDA-63810 Loan Disb 730,776.50
May 7, 2024 IDA-63810 Loan Disb 844,164.94
Aug 28, 2024 IDA-63800 Loan Disb 1,016,123.50
May 7, 2024 IDA-63800 Loan Disb 323,070.00
May 15, 2024 IDA-63800 Int Charges 11,219.86
May 15, 2024 IDA-63800 Int Charges 11,219.86
May 15, 2024 IDA-63800 Int Charges 7,687.45
Nov 15, 2022 IDA-63800 Int Charges 8,557.56
Nov 15, 2022 IDA-63800 Int Charges 8,557.56
Nov 15, 2022 IDA-63800 Int Charges 418.73
Nov 15, 2022 IDA-63800 Int Charges 5,933.23
May 4, 2023 IDA-63800 Loan Disb 331,830.00
Nov 15, 2023 IDA-63800 Int Charges 126.49
Nov 15, 2023 IDA-63800 Int Charges 10,547.02
Nov 15, 2023 IDA-63800 Int Charges 10,547.02
Nov 15, 2023 IDA-63800 Int Charges 7,312.58
Dec 19, 2023 IDA-63800 Loan Disb 218,750.00
May 15, 2023 IDA-63800 Int Charges 9,410.96
May 15, 2023 IDA-63800 Int Charges 9,410.96
May 15, 2023 IDA-63800 Int Charges 6,398.28
Aug 4, 2020 IDA-63800 Loan Disb 235,400.00
Mar 31, 2021 IDA-63800 Loan Disb 234,670.00
May 15, 2021 IDA-63800 Int Charges 1,135.73
May 15, 2021 IDA-63800 Int Charges 1,135.73
May 15, 2021 IDA-63800 Int Charges 402.81
Nov 15, 2021 IDA-63800 Int Charges 363.57
Nov 15, 2021 IDA-63800 Int Charges 1,717.65
Nov 15, 2021 IDA-63800 Int Charges 1,717.65
Feb 22, 2022 IDA-63800 Loan Disb 1,348,340.90
Mar 18, 2022 IDA-63800 Loan Disb 220,760.00
Nov 15, 2021 IDA-63800 Int Charges 1,190.88
May 15, 2022 IDA-63800 Int Charges 4,584.47
May 15, 2022 IDA-63800 Int Charges 4,584.47
May 15, 2022 IDA-63800 Int Charges 2,760.81
Dec 16, 2021 IDA-63800 Loan Disb 225,920.00
Jul 13, 2022 IDA-63800 Loan Disb 300,600.00
Nov 15, 2020 IDA-63800 Int Charges 497.34
Nov 15, 2020 IDA-63800 Int Charges 497.34
Nov 15, 2020 IDA-63800 Int Charges 344.81

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2024-10-29
Project Management Satisfactory 2024-10-29
Progress towards achievement of PDO Moderately Satisfactory 2024-10-29
Procurement Satisfactory 2024-10-29
Overall Implementation Progress (IP) Moderately Satisfactory 2024-10-29
Financial Management Satisfactory 2024-10-29
Monitoring and Evaluation Satisfactory 2024-10-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Increased transmission capacity along the Vulcanesti-Chisinau corridorValue0.000.00900000.00
    DateJanuary 1, 2019March 29, 2024August 30, 2024
    Comment
  • Reduced number of interruptions between Vulcanesti SS and Chisinau SSValue5.005.001.00
    DateJanuary 1, 2019March 29, 2024August 30, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Construction of the 400 kV Vulcanesti-Chisinau transmission lineValue0.000.00158.00
    DateJune 3, 2019March 29, 2024August 30, 2024
    Comment
  • SCADA/EMS and MMS upgradedValueNoNoYes
    DateJanuary 1, 2019March 29, 2024August 30, 2024
    Comment
  • Substation extensions completedValueNoNoYes
    DateJanuary 9, 2019March 29, 2024August 30, 2024
    Comment
  • Percentage of women employed by Moldelectrica (percentage)Value15.0015.0016.00
    DateFebruary 5, 2019March 29, 2024August 30, 2024
    Comment
  • New ME HQ building completedValueNoNoYes
    DateAugust 30, 2019March 29, 2024August 30, 2024
    Comment
  • Percentage of members in affected communities along the OHTL reporting that their engagement in the public consultations under the project useful and represent their views and preferencesValue0.000.0050.00
    DateFebruary 5, 2019March 29, 2024August 30, 2024
    Comment