| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 100.00 |
Second District Heating Efficiency Improvement Project
Abstract*
The Project will finance: (i) modernization of production units nos. 2 and 3 at CHP Source-1 and installation of gas engines, including electrical connections, to increase and optimize the efficiency of heat and electricity production by Termoelectrica (TE); and (ii) energy efficiency investments in public and residential buildings that benefited of installation of individual heat substations (IHS) under the ongoing District Heating Efficiency Improvement... Show More
Development Objective
The Development Objective of the Project is to increase the efficiency of the District Heating system in Chisinau.
Key Details
Project Details
P172668
Active
Roger Coma Cunill
Republic of Moldova
February 29, 2020
(as of board presentation)
June 18, 2020
March 29, 2021
US$ 100.00 million
Moldova Energy Projects Implementation Unit
2020
US$ 100.00 million
N/A
Moderate
December 31, 2025
No
BANK APPROVED
March 1, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 100.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 100.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Apr 15, 2024 | IBRD-91340 | Int Charges | 26,710.81 |
| Apr 29, 2024 | IBRD-91340 | Loan Disb | 416,181.20 |
| Apr 15, 2024 | IBRD-91340 | Int Charges | 104.86 |
| Apr 15, 2024 | IBRD-91340 | Int Charges | 121,260.09 |
| Jul 16, 2024 | IBRD-91340 | Loan Disb | 628,722.06 |
| Jul 30, 2024 | IBRD-91340 | Loan Disb | 1,840,494.90 |
| Mar 6, 2024 | IBRD-91340 | Loan Disb | 391,623.00 |
| Oct 15, 2021 | IBRD-91340 | Int Charges | 265.80 |
| Oct 15, 2021 | IBRD-91340 | Int Charges | 57,005.35 |
| Oct 15, 2021 | IBRD-91340 | Int Charges | 43,169.34 |
| Oct 15, 2021 | IBRD-91340 | Int Charges | 133,738.25 |
| May 4, 2021 | IBRD-91340 | Fee Charges | 276,264.50 |
| Apr 15, 2022 | IBRD-91340 | Int Charges | 123,558.73 |
| Apr 15, 2022 | IBRD-91340 | Int Charges | 672.14 |
| Aug 9, 2021 | IBRD-91340 | Loan Disb | 352,620.00 |
| Apr 15, 2023 | IBRD-91340 | Int Charges | 126,301.71 |
| Apr 15, 2023 | IBRD-91340 | Int Charges | 109.08 |
| Oct 15, 2022 | IBRD-91340 | Int Charges | 111,106.34 |
| Jun 18, 2020 | IBRD-91340 | Loan Commitment | 100,000,000.00 |
| Apr 15, 2023 | IBRD-91340 | Int Charges | 4,738.05 |
| Oct 15, 2022 | IBRD-91340 | Int Charges | 786.83 |
| Oct 15, 2022 | IBRD-91340 | Int Charges | 786.83 |
| May 4, 2023 | IBRD-91340 | Loan Disb | 331,830.00 |
| Mar 10, 2023 | IBRD-91340 | Loan Disb | 423,600.00 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 22,429.89 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 103.75 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 131.35 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 980.78 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 22,429.89 |
| Oct 15, 2023 | IBRD-91340 | Int Charges | 97,581.22 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Satisfactory | 2025-04-10 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-04-10 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-04-10 |
| Procurement | Moderately Satisfactory | 2025-04-10 |
| Project Management | Moderately Satisfactory | 2025-04-10 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-04-10 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Net annual CO2 emission reductions Value 0.00 0.00 603000.00 Date April 30, 2020 January 17, 2024 December 31, 2025 Comment Projected Lifetime Fuel Savings (GJ) Value 0.00 0.00 12376000.00 Date December 31, 2020 January 17, 2024 December 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
New generation capacity constructed Value 0.00 0.00 55.00 Date April 30, 2020 January 17, 2024 December 31, 2025 Comment People that gained access to more energy-efficient heat-generating facilities (Number) (Core) of which Female beneficiaries (%) Value 0.00 0.00 17500.00 Date April 30, 2020 January 17, 2024 December 31, 2025 Comment Gender-sensitive policies reviewed and strengthened. Value No No Yes Date December 31, 2020 January 17, 2024 December 31, 2025 Comment Additional generation capacity of electricity reconstructed Value 0.00 0.00 18.00 Date April 30, 2020 January 17, 2024 December 31, 2025 Comment Percentage of households that reported improved quality of service in buildings where IHSs were installed (%) Value 0.00 0.00 70.00 Date April 30, 2020 January 17, 2024 December 31, 2025 Comment Share of total heat produced in cogeneration mode annually (%) Value 71.80 71.80 79.30 Date December 31, 2020 January 17, 2024 December 31, 2025 Comment Percent of benefiting households who are satisfied with the process by which they have been consulted Value 0.00 0.00 70.00 Date May 30, 2020 January 17, 2024 December 31, 2025 Comment CHP generation efficiency: Ratio of electricity to heat for production in cogeneration mode Value 41.80 41.80 62.00 Date December 31, 2020 January 17, 2024 December 31, 2025 Comment Closure of CHP-1 operations (Date) Value No No Yes Date April 30, 2020 January 17, 2024 December 31, 2025 Comment Self Financing Ratio Value 40.00 0.00 70.00 Date December 31, 2020 January 17, 2024 December 31, 2025 Comment Debt Service Coverage Ratio Value 1.10 3.05 1.10 Date December 31, 2020 January 17, 2024 December 31, 2025 Comment