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Lebanon Renewable Energy and System Reinforcement Project

Abstract*

The Lebanon Renewable Energy and System Reinforcement Project (the Project) will lay the foundations for sector recovery, focusing on “no regret” investments needed to increase the supply of low-cost renewable energy and strengthen EDL network and systems. It will contribute to sector technical and financial readiness for large investments, notably in the renewable energy (RE) space, that macro-fiscal stabilization would unlock. The loan will finance:...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objective (PDO) is to enable cleaner, more reliable and efficient grid electricity services in Lebanon.

Key Details

Project Details

  • P180501

  • Active

  • Alexis Madelain , Yanchao Li, Mohamed Kamh

  • Lebanese Republic

  • Lebanon

  • April 17, 2023

  • (as of board presentation)

    October 1, 2024

  • N/A

  • US$ 0.00 million

  • Electricité du Liban (EDL),Litani River Authority (LRA)

  • Middle East and North Africa

  • 2025

  • US$ 250.00 million

  • N/A

  • Substantial

  • December 31, 2030

  • Yes

  • BANK APPROVED

  • May 19, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 250.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 250.00
IDA Commitment N/A
IBRD + IDA Commitment 250.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2025-01-28
Progress towards achievement of PDO Satisfactory 2025-01-28
Monitoring and Evaluation Satisfactory 2025-01-28
Overall Implementation Progress (IP) Satisfactory 2025-01-28
Procurement Moderately Satisfactory 2025-01-28
Financial Management Moderately Satisfactory 2025-01-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.