| Financier | Commitments |
|---|---|
| IDA Credit | 247.60 |
| Borrower/Recipient | 137.89 |
| IDA Shorter Maturity Loan (SML) | 52.40 |
GAS SECTOR EFFICIENCY IMPROVEMENT AND CARBON ABATEMENT PROJECT
Abstract*
The project is designed to support the Government of Bangladesh's efforts to meet its Nationally Determined Contributions (NDCs) in the gas sector by helping to increase efficiency of the retail gas networks of two gas companies and reduce gas leakages and emissions Show More
Development Objective
To improve efficiency of gas distribution and end-use, and support carbon abatement in the gas sector
Key Details
Project Details
P179009
Active
M Towhid Mowla
Peoples Republic of Bangladesh
July 12, 2022
(as of board presentation)
July 27, 2023
February 15, 2024
US$ 300.00 million
Petrobangla,Bangladesh Energy Regulatory Commission (BERC),Titas Gas Transmission and Distribution Company Limited,Energy and Mineral Resources Division, Ministry of Power, Energy, and Mineral Resources,Pashchimanchal Gas Company Limited (PGCL)
2024
US$ 300.00 million
N/A
Moderate
December 31, 2028
Yes
BANK APPROVED
December 14, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 300.00 |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 15, 2024 | IDA-73880 | Fee Charges | 150,000.00 |
| Jul 27, 2023 | IDA-73880 | Loan Commitment | 60,000,000.00 |
| Jul 27, 2023 | IDA-73870 | Loan Commitment | 52,400,000.00 |
| Jul 27, 2023 | IDA-73860 | Loan Commitment | 187,600,000.00 |
| Feb 15, 2024 | IDA-73880 | Loan Disb | 150,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2024-12-24 |
| Financial Management | Satisfactory | 2024-12-24 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-24 |
| Monitoring and Evaluation | Satisfactory | 2024-12-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-24 |
| Project Management | Satisfactory | 2024-12-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Endorsement of Action Plan for carbon abatement of sector operations Value No No Yes Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Total greenhouse gas emissions avoided as a result of the Project Value 0.00 0.00 3250.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Endorsement of Roadmap for the development and implementation of a sector carbon abatement framework Value No No Yes Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Projected gas savings: average amount of gas saved per meter (cubic meters) Value 0.00 0.00 26.01 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Annual CO2 emission reduction supported by the investments under the Project Value 0.00 0.00 650.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Person days of training on carbon abatement in Oil and Gas operations Value 0.00 0.00 60.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Number of prepaid meters installed for residential consumers Value 0.00 0.00 1228000.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Person-days of training on legal and regulatory frameworks for carbon abatement in Oil and Gas operations Value 0.00 0.00 20.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Number of smart meters installed for industrial customers Value 0.00 0.00 50.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Number of distribution companies provided with SCADA/GIS systems Value 0.00 0.00 1.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Person-Days of Training Provided to TGTDCL and PGCL staff Value 0.00 0.00 2000.00 Date June 22, 2023 October 31, 2023 June 30, 2028 Comment Person-Days of Training Provided to TGTDCL and PGCL female staff Value 0.00 0.00 800.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Share of female university and polytechnic graduates recruited by TGTDCL and PGCL for 6-month paid internships Value 0.00 0.00 40.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment Percentage of grievances related to the facility satisfactorily addressed within two months of receipt Value 0.00 0.00 80.00 Date June 30, 2023 October 31, 2023 June 30, 2028 Comment