| Financier | Commitments |
|---|---|
| Energy Sector Management Assistance Program | 3.00 |
| International Bank for Reconstruction and Development | 549.15 |
Public and Municipal Renewable Energy Project
Abstract*
The proposed project will support the Government of Türkiye to scale-up renewable energy use in the public sector by focusing on central government and municipal facilities. The project will contribute to expanding the distributed renewable energy market and help demonstrate leadership in the public sector to use sustainable energy solutions to deliver on the country's climate mitigation commitment and enhance energy security.
The project includes... Show More
Development Objective
The development objective is to increase the use of renewable energy through self-generation in public facilities.
Key Details
Project Details
P179867
Active
Manuel Millan Sanchez
ILLER BANKASI ANONIM SIRKETI (ILBANK),REPUBLIC OF TURKIYE
December 14, 2022
(as of board presentation)
June 13, 2023
January 25, 2024
US$ 404.00 million
ILBANK,MINISTRY OF ENVIRONMENT, URBANIZATION AND CLIMATE CHANGE
2023
US$ 552.15 million
N/A
Moderate
December 31, 2028
Yes
BANK APPROVED
October 2, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 549.15 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 549.15 |
| Lending Instrument | |
|---|---|
| Grant Amount | 3.00 |
| Total Project Cost** | 404.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 13, 2023 | IBRD-95510 | Loan Commitment | 274,575,008.00 |
| Mar 15, 2024 | IBRD-95510 | Fee Charges | 680,687.50 |
| May 13, 2024 | IBRD-95500 | Loan Disb | 107,820.00 |
| Mar 15, 2024 | IBRD-95510 | Loan Disb | 680,687.50 |
| Feb 9, 2024 | IBRD-95500 | Fee Charges | 673,218.75 |
| Apr 15, 2024 | IBRD-95500 | Int Charges | 269,551.12 |
| Jun 13, 2023 | IBRD-95500 | Loan Commitment | 274,575,008.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2025-01-16 |
| Progress towards achievement of PDO | Satisfactory | 2025-01-16 |
| Project Management | Satisfactory | 2025-01-16 |
| Financial Management | Satisfactory | 2025-01-16 |
| Monitoring and Evaluation | Satisfactory | 2025-01-16 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-01-16 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.