Manuel Piar (Tocoma) Dam Supplemental Financing
To contribute to satisfy a growing electric power demand within Venezuela from 2012 on, by means of using the resources of the Bajo Caroní Basin in an efficient and sustainable way. This proposal to modify the loan 1686/OC-VE has the prupose to increase the ammount financed by the Bank in the project.

Project Detail

Country

Venezuela

Project Number

VE-L1026

Approval Date

July 29, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

ENERGY

Subsector

NEW HYDROPOWER PROJECTS

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category A: Likely to cause significant negative impacts, or have profound implications affecting natural resources

Total Cost

USD 800,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 800,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1686/OC-VE-1 Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 1686/OC-VE-1
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility