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LOANS & CREDITS

Armenia – Power Sector Financial Recovery Program-For-Results

April 27, 2016

WASHINGTON, April 27, 2016 - The World Bank’s Board of Executive Directors today approved the following projects:

Armenia – Power Sector Financial Recovery Program-For-Results

IBRD Loan: $30 million equivalent

Terms: Maturity = 25 years, Grace = 14.5 years

Project ID: P157571

Project Description: The objective of the project is to support the Government's efforts to maintain adequate and reliable electricity supply through improvement of the financial standing and governance of the state owned power generation companies and the private power distribution company.


Media Contacts
In Washington
Meriem Gray
Tel : (202) 473-7870
Mgray@worldbank.org

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