Washington DC, June 9, 2011—The World Bank's Board of Executive Directors today approved the following project.
IBRD Loan: US$150 Million
Terms: Maturity = 17 years; Grace = 4 years
Project ID: P114069
Project Description: The proposed project objective is to improve energy efficiency in selected enterprises located in Shandong; particularly through energy efficiency leasing and increasing the use of biomass for power and heat generation.
Marilene B. Montemayor
tel : (202) 473-4709