NI-L1063 : National Sustainable Electrification and Renewable Energy Program III

Project Status
Implementation

The proposed operation represents the third loan from the Inter-American Development Bank (IDB) for the National Sustainable Electrification and Renewable Energy Program (PNESER, or "the program"). The program structure allows IDB resources to be contributed in a modular fashion in 2010, 2011 and 2012 through operations to be submitted independently for approval by the Board of Executive Directors, with investments that are justified and viable autonomously but enable the targets in the Results Framework to be met gradually and cumulatively. The design is based on the availability of concessional resources, and serves to leverage resources from other donors, while maintaining the concessionality agreed upon by the Government of Nicaragua with the international community as part of the country's debt reduction agreements.

PROJECT DETAIL

Project Number NI-L1063
Operation Number 2342/BL-NI-5
Country Nicaragua
Sector ENERGY
Subsector ENERGY-ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type Loan Operation
Project Subtype Specific Investment Operation
Environmental and Social Impact Category B
Project Status Implementation
Approval Date NOV 1, 2012
Contract Signature Date FEB 8, 2013
IDB Financing * 35.00

PROJECT INFORMATION

Total Cost H USD 35,000,000
Financing Type Loan
Fund BLD
Reporting currency USD - United States Dollar
Reporting Date MAY 31, 2015
Estimated Cofinancing H USD 35,000,000
Undisbursed Amount H USD 28,162,987
Disbursed to Date R USD 6,837,013
Amount Outstanding R USD 6,837,013
Income Collected R USD 133,944
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

Implementation

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