| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
| Local Govts. (Prov., District, City) of Borrowing Country | 285.00 |
Shaanxi Energy Transition and Innovation Demonstration in the Heating Sector
Abstract*
The proposed project is designed to support Shaanxi in the trajectory of heating sector decarbonization on two dimensions, heat supply from renewable and low-carbon energy sources and pricing and billing reform. On the heat supply, investment financing will demonstrate an innovative technical solution that combines multiple energy sources from renewable energy and low-carbon sources. The project will also facilitate scaling up the use of geothermal... Show More
Development Objective
To increase heat supply capacity from renewable energy and low-carbon energy sources and pilot heating pricing reform in selected areas of Shaanxi province.
Key Details
Project Details
P177841
Active
Ximing Peng
People's Republic of China
July 26, 2023
(as of board presentation)
June 28, 2024
N/A
US$ 1200.00 million
Shaanxi Provincial Government
2024
US$ 300.00 million
N/A
June 13, 2023
June 30, 2029
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1200.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 28, 2024 | IBRD-97030 | Loan Commitment | 300,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-10-06 |
| Financial Management | Satisfactory | 2024-10-06 |
| Monitoring and Evaluation | Satisfactory | 2024-10-06 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-06 |
| Procurement | Satisfactory | 2024-10-06 |
| Project Management | Satisfactory | 2024-10-06 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.