Pando-Monte Lirio Hydroelectric Power Project
The Project is among the highest development priorities of the GOP, which is to promote sustainable economic growth, and expand the country's electricity generation capacity through renewable sources. The Project will yield important development benefits, such as: (a) contribute to the reduction of Panama's dependence on imported fuel, which has recently experienced high price volatility resulting in higher and more volatile end-user tariffs; (b) help diversify the country's energy matrix, which has been increasingly dependent on thermal generation in recent years, by developing the country's large hydroelectric potential; (c) help boost the country¿s competitiveness by providing an essential input to industry; (d) replace highly polluting hydrocarbon-based fuels such as bunker oil, diesel and marine diesel with a renewable source of energy, thus reducing the impact of greenhouse gas emissions; and (e) contribute to the expansion of the regional electricity market by connecting the Project to the MER.

Project Detail

Country

Panama

Project Number

PN-L1054

Approval Date

December 9, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

-

Subsector

-

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 291,700,000.00

Country Counterpart Financing

USD 251,700,000.00

Original Amount Approved

USD 40,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2266/OC-PN Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2266/OC-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52438
Project Abstract
Corrective Action Plan (CAP) agreed between the Lenders and EISA [39857781].PDF
Sep. 17, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52440
Environmental and Social Management Plan
Pando y Monte Lirio - Estudio y Plan de Manejo de Caudal Ecologico [37577357].PDF
Mar. 08, 2013
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-24959
Environmental and Social Management Reports
Pando Monte Lirio - Linea Base - 1-Tabla Contenido [35000904].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-24960
Environmental and Social Management Reports
Pando Monte Lirio - Linea Base - 2-Resumen [35000910].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-24961
Environmental and Social Management Reports
Pando Monte Lirio - Linea Base - 3-Antecedentes [35000917].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52436
Environmental and Social Management Reports
Pando Monte Lirio Hydropower Project ESMR PN-L1054 [35003657].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52441
Environmental and Social Strategies
Pando Monte Lirio Hydroelectric Project [2181867].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52437
Environmental Impact Assessments
Pando-Monte Lirio Hydroelectric project - Pando EIA - List of documents [2126544].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52439
Project Abstract
Pando - Monte Lirio Hydroelectric project [2124694].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-909291885-52442
Environmental Impact Assessments
Pando-Monte Lirio Hydroelectric project - Monte Lirio EIA - List of documents [2126543].PDF
Dec. 31, 1999
English

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