WASHINGTON, May 25, 2018— The World Bank’s Board of Executive Directors today approved the following project:
Albania Additional Financing for Dam Safety Project
IBRD Loan: EURO 12 million
Terms: Maturity = 23 Years, Grace = 7 Years
Project ID: P162079
Project Description: The Project will contribute to safeguarding the hydroelectric dams on the Drin and Mat river cascades in Albania, and improve the operational efficiency of these dams and enhance the stability of power supply in the regional market.