Lebanon Energy Sector Reforms Program (WB-P170506)

Countries
  • Lebanon
Where the impacts of the investment may be experienced.
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
Proposed
Bank Risk Rating
U
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
Jun 27, 2019
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
Ministry of Energy and Water
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Law and Government
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)
$ 500.00 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)
$ 1,009.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Apr 16, 2019

Disclosed by Bank Apr 4, 2019


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Project Description

According to bank documents, the program objective is to improve the operational, commercial and financial performance of the power sector, and strengthen the governance of Electricite du Liban.

Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Name : Sameh I. Mobarek
Designation : Senior Energy Specialist
Role : Team Leader(ADM Responsible)
Telephone No : 5367+2913
Email : smobarek@worldbank.org 

Name : Ani Balabanyan
Designation : Lead Energy Specialist
Role : Team Leader
Telephone No : 458-2277
Email : abalabanyan@worldbank.org 

Name : Tu Chi Nguyen
Designation : Energy Economist
Role : Team Leader
Telephone No : 5220+82100
Email : tnguyen19@worldbank.org 

Borrower:
Ministry of Energy and Water

Implementing Agency:
Electricite du Liban
Contact : Kamal Hayek
Title : General Manager
Telephone No : 9613497801
Email : pdg@edl.gov.lb 

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.