WASHINGTON, December 20, 2011 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan (APL): US$21.6 Million Equivalent Terms: Maturity = 17.5 years Grace = 6 years Project ID: P125856 Project Description: The additional financing for the Dam Safety Project aims to support the Government in safeguarding major hydroelectric plants on the Drin river cascade. It will also help improve the operational efficiency and enhance the stability of power supply for the regional electricity market. Contact: Kristyn Schrader-King 202-458-2736 Kschrader@worldbank.org For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=301412&menuPK=301443&Projectid=P110481 |