WASHINGTON, October 29, 2009 - The World Bank’s Board of Executive Directors today approved the following project:  IBRD Loan: US$136.4 million Terms: Maturity = 30 years; Grace Period = 4 years Partial Credit Guarantee: US$242.7 million equivalent Terms: Maturity = 20 years; Grace Period = 15 years Project ID: P112516  Project Description: The Morupule B Generation and Transmission Project in Botswana aims to develop reliable and affordable supply of electricity for energy security, promote alternative energy resources for low-carbon growth, and build its institutional capacity in the energy sector.  Media Contact Francois Gouahinga (202) 473-0696 fgouahinga@worldbank.org  For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P112516 |
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