| Financier | Commitments |
|---|---|
| IBRD Fund for Innovative GPG Solutions | 15.00 |
| Green Climate Fund | 23.50 |
| International Bank for Reconstruction and Development | 100.00 |
| Borrower/Recipient | 10.25 |
Transmission Expansion and Energy Storage Project
Abstract*
The proposed Project will address key priorities in Namibia’s energy sector. The Project Development Objective (PDO) is to strengthen the transmission network, maintain grid stability, and facilitate uptake of renewable energy generation. The Project will finance the construction of a new transmission line and associated substations to strengthen NamPower’s transmission network and to increase capacity to supply new load and to wheel additional renewable... Show More
Development Objective
To strengthen Namibia’s transmission network and enable integration of renewable energy generation.
Key Details
Project Details
P177328
Active
Nadia Taobane , Carla De Nobrega
NAMIBIA POWER CORPORATION (PROPRIETARY) LIMITED
March 1, 2023
(as of board presentation)
May 6, 2024
N/A
US$ 115.29 million
NAMIBIA POWER CORPORATION (PROPRIETARY) LIMITED
2024
US$ 138.50 million
N/A
June 30, 2023
December 31, 2029
Yes
BANK APPROVED
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 | 38.50 |
| Total Project Cost** | 115.29 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 6, 2024 | IBRD-96740 | Loan Commitment | 100,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-11-13 |
| Project Management | Satisfactory | 2024-11-13 |
| Monitoring and Evaluation | Satisfactory | 2024-11-13 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-13 |
| Procurement | Satisfactory | 2024-11-13 |
| Financial Management | Satisfactory | 2024-11-13 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.