Hebei Clean Heating Project (WB-P148599)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Hebei
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 19, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of China
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 248.33 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 22, 2017

Disclosed by Bank Dec 16, 2014


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Project Description
According to the bank documents, the proposed project development objective is to improve the efficiency and environmental performance of heating systems in project areas of selected municipalities of Hebei Province. It will finance the construction and rehabilitation of district heating facilities in the four project cities (four subprojects) with a total heating area of 38.7 million m2, including 13.5 million m2 of new buildings. Each subproject is tailored to fit to the needs of the participating city, but will also have common features aiming to modernize operations and make them more efficient.
Investment Description
  • World Bank (WB)
Borrower US$ 148.33 million
Contact Information
World Bank Contact: Yuriy Myroshnychenko Title: Senior Energy Specialist Tel: 5775+236 Email: ymyroshnychenko@worldbank.org Emmanuel Py Title: Infrastructure Specialist Tel: 473-3228 Email: epy@worldbank.org Borrower/Client/Recipient Contact: Mr. Licheng Yao Title: Director, Ministry of Finance Tel: 86 10 68552064 Email: yaolicheng@sina.com Implementing Agencies Foreign Debt Management Center, Hebei Provincial Department of Finance Contact: Hui He Title: Director Tel: 0311-66651593 Email: hehui@vip.163.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.