WASHINGTON, June 2, 2020 – The World Bank Board of Executive Directors today approved financing for the following project:
Nepal: Second Programmatic Energy Sector Development Policy Credit
IDA Credit: $ 100 million
Terms: Maturity = 38 Years, Grace = 6 Years
Project ID: P170248
Project Description: The Energy Sector Development Policy Credit operation aims to support the government’s efforts to improve the financial viability and governance of the electricity sector.