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Additional Financing II for Rural Electrification and Renewable Energy Development II

Development Objective

Increase access to clean energy through renewable energy in rural areas.

Key Details

Project Details

  • P165400

  • Closed

  • Amit Jain

  • PEOPLE'S REPUBLIC OF BANGLADESH

  • Bangladesh

  • January 7, 2018

  • (as of board presentation)

    April 10, 2018

  • N/A

  • US$ 179.00 million

  • Infrastructure Development Company Limited (IDCOL),Power Cell

  • South Asia

  • 2018

  • US$ 75.00 million

  • B

  • August 30, 2022

  • December 18, 2023

  • Yes

  • BANK APPROVED

  • P131263

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 55.00
Local Beneficiaries 42.00
Green Climate Fund 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 55.00
IBRD + IDA Commitment 55.00
Lending Instrument
Grant Amount 20.00
Total Project Cost** 179.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
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

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of solar home systems installedValue0.001204912.001202174.00
    DateDecember 31, 2012September 15, 2018December 31, 2021
    Comment
  • Number of connections made through mini-grid systems and captive plantsValue0.005213.0028100.00
    DateDecember 31, 2012September 15, 2018December 31, 2021
    Comment
  • Number of solar irrigation pumpsValue0.00758.002170.00
    DateDecember 31, 2012September 15, 2018December 31, 2021
    Comment
  • Number of higher efficiency cook stoves disseminatedValue0.001337927.005000000.00
    DateDecember 31, 2012September 15, 2018December 31, 2021
    Comment
  • Number of biogas plants for cookingValue0.004500.008300.00
    DateDecember 31, 2012September 15, 2018December 31, 2021
    Comment
  • Enabling policy for renewable energy developmentValueSREDA not operationalSREDA operational with core staff appointedSREDA operational with core staff appointed
    DateJune 30, 2012December 31, 2016December 31, 2015
    Comment
  • Collection efficiency of the SHS POsValue96.0038.0090.00
    DateFebruary 28, 2014September 15, 2018December 31, 2021
    Comment
  • Grievances received that are addressed within two months of receiptValue0.0096.32100.00
    DateNovember 28, 2017September 15, 2018December 31, 2021
    Comment
  • Number of Female Staff in POsValue282.00549.00480.00
    DateNovember 30, 2017September 15, 2018December 31, 2021
    Comment