Siddhirganj Power Project

ABSTRACT*

The Siddhirganj Peaking Power Project for Government of Bangladesh (GOB) development objectives are to increase the supply of power during periods of peak demand in Bangladesh (GOB), and to strengthen the three implementing agencies: Gas Transmission Company Limited (GTCL), Electricity Generation Company of Bangladesh (EGCB), and Power Grid Company of Bangladesh (PGCB). The project will have five components: i) a 60 km natural gas pipeline from the gas processing center at Bakhrabad to the power generation site at Siddhirganj;  Read More»

PROJECT AT-A-GLANCE

Project ID P095965
Country Bangladesh
Region South Asia
Status Active
Approval Date (as of board presentation) October 30, 2008
Closing Date June 30, 2018
Total Project Cost** US$ 470.00  million
Commitment Amount US$ 350.00  million
Team Leader Md. Iqbal

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project’s current nature
** Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

Basic Information

Project ID P095965
Status Active
Approval Date October 30, 2008
Closing Date June 30, 2018
Country Bangladesh
Region South Asia
Environmental Category A
Team Leader Md. Iqbal
Borrower*** GOVERNMENT OF BANGLADESH
Implementing Agency EGCB, PGCB, AND GTCL
Total Project Cost** US$ 470.00  million
Commitment Amount US$ 350.00  million

Sectors

Thermal Power Generation 56%
Oil and gas 22%
Transmission and Distribution of Electricity 22%

Themes

Infrastructure services for private sector development 100%

* Theme Classification did not exist at the time project was approved

** Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations.Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

*** Borrower refers to the Borrower of a Loan or Recipient of a Grant

Financing Plan At Board Presentation (US$ Millions)

FINANCIER COMMITMENTS
International Development Association (Ida) 350,000,000.00
Borrower 120,000,000.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 350.00
IBRD + IDA Commitment 350.00
Lending Instrument Specific Investment Loan
Grant Amount N/A
Total Project Cost** 470.00

***Summary Status of World Bank Financing (US$ Millions) as of June 30, 2015

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FINANCIER APPROVAL DATE CLOSING DATE PRINCIPAL DISBURSED REPAYMENTS INTEREST, CHARGES & FEES
IDA45080 October 30, 2008 March 31, 2016 350.00 241.78 N/A 2.01

Financial Activity Over Time as of June 30, 2015

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PERIOD

FINANCIER

TRANSACTION TYPE

AMOUNT (US$)

Oct, 2008
IDA45080
Commitment
350,000,000.00
Jul, 2009
IDA45080
Disbursement
266,830.27
Aug, 2009
IDA45080
Disbursement
35,828.39
Sep, 2009
IDA45080
Disbursement
51,366.60
Nov, 2009
IDA45080
Disbursement
54,160.20
Dec, 2009
IDA45080
Disbursement
83,478.29
Feb, 2010
IDA45080
Disbursement
186,799.51
Feb, 2010
IDA45080
Fees
1,435.92
Aug, 2010
IDA45080
Disbursement
26,367.93
Aug, 2010
IDA45080
Fees
2,341.82
Nov, 2010
IDA45080
Disbursement
78,788.79
Dec, 2010
IDA45080
Disbursement
389,486.49
Jan, 2011
IDA45080
Disbursement
984,168.61
Feb, 2011
IDA45080
Fees
2,807.52
Mar, 2011
IDA45080
Disbursement
734,992.50
Apr, 2011
IDA45080
Disbursement
6,939.87
May, 2011
IDA45080
Disbursement
14,709.13
Aug, 2011
IDA45080
Disbursement
73,819.96
Aug, 2011
IDA45080
Fees
11,444.07
Jan, 2012
IDA45080
Disbursement
5,636,846.92
Feb, 2012
IDA45080
Disbursement
39,612.07
Feb, 2012
IDA45080
Fees
11,280.55
Mar, 2012
IDA45080
Disbursement
781,605.84
Apr, 2012
IDA45080
Disbursement
121,883.28
May, 2012
IDA45080
Disbursement
1,729,647.42
Jun, 2012
IDA45080
Disbursement
2,201,915.08
Jul, 2012
IDA45080
Disbursement
34,887,599.44
Aug, 2012
IDA45080
Disbursement
3,119,490.86
Aug, 2012
IDA45080
Fees
39,451.28
Sep, 2012
IDA45080
Disbursement
183,128.52
Oct, 2012
IDA45080
Disbursement
2,114,916.37
Nov, 2012
IDA45080
Disbursement
629,848.76
Dec, 2012
IDA45080
Disbursement
11,713,277.23
Jan, 2013
IDA45080
Disbursement
437,058.19
Feb, 2013
IDA45080
Fees
207,017.00
Mar, 2013
IDA45080
Disbursement
6,158,533.61
Apr, 2013
IDA45080
Disbursement
251,882.22
May, 2013
IDA45080
Disbursement
438,444.04
Jun, 2013
IDA45080
Disbursement
326,624.42
Jul, 2013
IDA45080
Disbursement
2,351,619.14
Aug, 2013
IDA45080
Disbursement
3,080,818.20
Aug, 2013
IDA45080
Fees
278,722.15
Sep, 2013
IDA45080
Disbursement
81,270.35
Oct, 2013
IDA45080
Disbursement
3,752,332.83
Nov, 2013
IDA45080
Disbursement
556,753.85
Dec, 2013
IDA45080
Disbursement
1,256,036.66
Jan, 2014
IDA45080
Disbursement
34,490,438.96
Feb, 2014
IDA45080
Disbursement
100,016.72
Feb, 2014
IDA45080
Fees
312,509.76
Mar, 2014
IDA45080
Disbursement
5,377,750.90
Apr, 2014
IDA45080
Disbursement
2,095,199.49
May, 2014
IDA45080
Disbursement
4,565,221.31
Jun, 2014
IDA45080
Disbursement
27,458,982.64
Jul, 2014
IDA45080
Disbursement
11,123,368.47
Aug, 2014
IDA45080
Disbursement
1,022,577.35
Aug, 2014
IDA45080
Fees
487,639.69
Sep, 2014
IDA45080
Disbursement
6,777,974.56
Oct, 2014
IDA45080
Disbursement
4,486,762.99
Nov, 2014
IDA45080
Disbursement
3,756,472.97
Dec, 2014
IDA45080
Disbursement
6,695,393.78
Jan, 2015
IDA45080
Disbursement
16,337,158.72
Feb, 2015
IDA45080
Disbursement
7,782,719.84
Feb, 2015
IDA45080
Fees
650,930.54
Mar, 2015
IDA45080
Disbursement
1,602,666.17
Apr, 2015
IDA45080
Disbursement
5,948,292.84
May, 2015
IDA45080
Disbursement
11,132,485.76
Jun, 2015
IDA45080
Disbursement
6,190,004.51

*The financial data in this block are updated on a monthly basis. For more information on World Bank lending by country please visit the Country Lending Summaries.
**Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
*** Principal refers to the original US dollar amount of the loan, credit, or grant that was committed and approved. Disbursements represent increases in the balance outstanding due to payments made to borrowers, as well as capitalized charges (such as loan origination fees on IBRD loans). Repayments refer to the total principal amount paid or prepaid to IBRD or IDA in US dollars, calculated at the exchange rate on the value date of the individual repayment. Repayments include payments made by borrowers, debt relief provided by IDA, and payments made by third parties on behalf of the borrowers. The disbursed amount less the repaid amount, for loans and credits, may not equal the loan or credit balance outstanding due to exchange rate movements.

* Contract amount in US$ millions.
** Procurement Group: GW – Goods and Works CS – Consultants.

To see procurement notices for large-value contracts (consultant contracts with an estimated value over $200,000) and goods/ works contracts awarded following international competitive bidding procedures, see tenders for this project in dgMarket. Tenders are also available in UN Development Business.

See more details on procurement processes and the Monthly Operational Summary. To contact the implementing agency, open the most recent PID or PAD in the in the documents tab.

Aziz Tarak

King In My Kingdom & Don't mess with me, Always I don't act like a Gentlemen.

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