CO-L1005 : Porce III Hydroelectric Power Plant

Project Status
Approved

The Project will finance the construction of Porce III Hydroelectric Power Plan, owned by Empresas Públicas de Medellín (EEPPM). The Project is required to satisfy the growth in energy demand in Colombia. Renewable and low-cost resources from the Porce River will be used in a social and environmentally sustainable manner. The Project will finance civil works, electromechanical equipment, transmission lines and an environmental and social management plan.

PROJECT DETAIL

Project Number CO-L1005
Financial Information
Project Number CO-L1005
Project Status Completed
IDB Financing
Financing Type Single Currency Facility
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Cancelled Amount H USD 0
Undisbursed Amount H USD 0
Disbursed to Date R USD 200,000,000
Repayments R USD 46,153,846
Principal Debt Relief Amount R USD 0
Amount Outstanding R USD 0
Income Collected R USD 47,609,434
Roles & Responsibilities
Contract Signature Date DEC 9, 2005
Financial Information
Project Number CO-L1005
Project Status Completed
IDB Financing
Financing Type Single Currency Facility
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Cancelled Amount H USD 0
Undisbursed Amount H USD 0
Disbursed to Date R USD 0
Repayments R USD 23,403,626
Principal Debt Relief Amount R USD 0
Amount Outstanding R USD 132,620,545
Income Collected R USD 15,626,417
Roles & Responsibilities
Contract Signature Date DEC 9, 2005
Country Colombia
Sector ENERGY
Subsector ENERGY-NEW HYDROPOWER PROJECTS
Project Type Loan Operation
Environmental and Social Impact Category A(R)

PROJECT INFORMATION

Total Cost H USD 911,000,000
Country Counterpart Financing USD 711,000,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 200,000,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Preparation

Approved

Implementation

Completion

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RELATED AWARDED CONTRACT

Description: HEAVY CONSTRUCTION, EXCEPT HIGHWAY
Reference: COA2322
Date: Dec, 27 2005
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Description: HEAVY CONSTRUCTION, EXCEPT HIGHWAY
Reference: COA2323
Date: Dec, 27 2005
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Description: BRIDGE, TUNNEL, + ELEVATED HIGHWAY
Reference: COA2390
Date: Dec, 27 2005
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Description: HEAVY CONSTRUCTION, NEC
Reference: COA2391
Date: Dec, 27 2005
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Description: ENGINE ELECTRICAL EQUIPMENT
Reference: COA2360
Date: Nov, 29 2006
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