| Financier | Commitments |
|---|---|
| IDA Credit | 38.50 |
| Borrower/Recipient | 1.90 |
| Caribbean Development Bank | 30.00 |
| Canada Clean Energy and Forest Climate Facility Trust Fund | 0.25 |
| CARICOM Development Fund | 10.00 |
Dominica Geothermal Risk Mitigation II Project
Abstract*
The development objective of the Second Geothermal Risk Mitigation Project for Dominica is to integrate geothermal electricity capacity and strengthen the resilience of the national grid. The project has two components: 1. transmission network expansion and resilience development. This component will finance the construction of new transmission lines and substations for connecting the Domestic geothermal power plant (DGPP) with the country’s largest... Show More
Development Objective
The Project Development Objective is to integrate geothermal electricity capacity and strengthen the resilience of the national grid in Dominica.
Key Details
Project Details
P179845
Active
Nguyet Anh Pham
Commonwealth of Dominica
May 30, 2023
(as of board presentation)
January 23, 2024
November 26, 2024
US$ 48.59 million
Dominica Geothermal Development Company
2024
US$ 68.75 million
N/A
May 15, 2023
February 28, 2029
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 38.50 |
| IBRD + IDA Commitment | 38.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | 30.25 |
| Total Project Cost** | 48.59 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 23, 2024 | IDA-74870 | Loan Commitment | 38,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-25 |
| Procurement | Highly Satisfactory | 2024-12-25 |
| Financial Management | Moderately Satisfactory | 2024-12-25 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-25 |
| Project Management | Satisfactory | 2024-12-25 |
| Monitoring and Evaluation | Satisfactory | 2024-12-25 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.