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LOANS & CREDITS September 18, 2018

Nepal - First Programmatic Energy Sector Development Policy Credit

WASHINGTON, September 18, 2018 – The World Bank’s Board of Executive Directors today approved the following project: 

First Programmatic Energy Sector Development Policy Credit
 
IDA Credit: $100 million equivalent
Terms: 
Maturity = 40 years; Grace = 10 years
Project ID: 
P154693

Project description: This project will support the government’s efforts to improve the financial viability and governance of the electricity sector. The programmatic DPC series has two pillars: improving the financial viability of the electricity sector; and improving the governance of the electricity sector.
 

 


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