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Electricity Reform for Sustainable Growth Development Policy Loan

Abstract*

The development objectives of the Electricity Reform for Sustainable Growth Development Policy Financing in Dominican Republic are to establish the policy foundations for: (i) strengthening sector governance, (ii) enhancing climate resilience and social and environmental sustainability, and (iii) improving the financial self-sufficiency and operational performance of the electricity sector. It is built around three pillars. Pillar 1, strengthening...

* 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 Development Objective is to establish the policy foundations for: (i) strengthening sector governance, (ii) enhancing climate resilience and social and environmental sustainability, and (iii) improving the financial self-sufficiency and operational performance of the electricity sector.

Key Details

Project Details

  • P175874

  • Closed

  • Huong Nguyen

  • Dominican Republic

  • Dominican Republic

  • April 22, 2021

  • (as of board presentation)

    March 31, 2022

  • January 9, 2023

  • US$ 400.00 million

  • N/A

  • Not Applicable

  • September 30, 2023

  • BANK APPROVED

  • November 1, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 400.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 400.00
IDA Commitment N/A
IBRD + IDA Commitment 400.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 15, 2023 IBRD-93620 Int Charges 12,358,185.00
Oct 15, 2023 IBRD-93620 Int Charges 179,561.77
Apr 15, 2024 IBRD-93620 Int Charges 13,409,728.00
Mar 31, 2022 IBRD-93620 Loan Commitment 400,000,000.00
Jan 9, 2023 IBRD-93620 Loan Disb 1,000,000.00
Apr 15, 2023 IBRD-93620 Int Charges 504,041.10
Apr 15, 2024 IBRD-93620 Int Charges 138,740.94
Jan 19, 2023 IBRD-93620 Loan Disb 399,000,000.00
Jan 9, 2023 IBRD-93620 Fee Charges 1,000,000.00
Apr 15, 2023 IBRD-93620 Int Charges 5,045,938.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.