The Republic of Yemen

Construction of a Second Maarib Gas-Turbine Power Generating Station and the Expansion of the Transmission Grid
Loan No: 502 Interest Rate: 3.0 %
Beneficiary: Public Electricity Corporation (PEC) Grace Period: 5 years
Project Cost: KD 95.9 million Maturity: 25 years
Amount of Loan: KD 30.0 million Repayment: 41 semi-annual installments
Date of Board Approval: - First Installment: 5 years following the first disbursement
Date of Loan Agreement: 2007-03-27 Date of Loan Effectiveness: -