Millennium Challenge Corporation Compact Program

Funding Information
(USD)
Total Actual Commitment:
500,000,000 USD
Total Planned Commitment:
0 USD
Total Actual Disbursements:
43,137,954 USD
Total Planned Disbursements:
0 USD
Unallocated Disbursements:
456,862,046 USD
TOTAL EXPENDITURES:
0 USD USD
Additional Information
Project Created By:
kchapagain@mof.gov.np
Project Modified By:
atl@mof.gov.np
Project Created On:
08/05/2018
Created in workspace:
IECCD Workspace -Team
 
Identification
Project Title: 
Millennium Challenge Corporation Compact Program VALIDATED
ID: 
8723895620633

IATI Identifier: 


Gender Marker: 


Climate Change Relevance: 


Status:  On-Going
Budget Head: 
Status Reason: 

The projects will start only after the completion of the prerequisities.


Input: 

500 Million USD will be used to construct power and transport sector projects.


Outputs: 

Increased electricity consumption by improving the availability and reliability of electricity supply in grid and by facilitating power trade.

Maintained road quality across the strategic road network.


Outcome:

Efficient power system and road quality.


Impact: 

Power efficiency will be increased and road quality will be maintained.



Budget Type:
On Budget

Treasury Type:


Humanitarian Aid: No

Planning

Date of Agreement:  09-14-2017
Date of effectiveness: 
Proposed Start Date: 
Actual Start Date: 
Planned Completion Date: 
Location
[NEPAL] 100.0%

X

Map

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National Plan
[National Development Plan (NDP)]   [Macroeconomic Policy and Economic Development Policy]   [Transport Management] 80.0%
[National Development Plan (NDP)]   [Infrastructure Development Policy]   [Alternative Energy] 20.0%
Sectors

PRIMARY SECTORS
Nepal Sector Classification - ROAD TRANSPORTATION (10.0)%

Nepal Sector Classification - ENERGY (90.0)%


Implementing/Executing Agencies

Donor Organization: 
  • Millennium Challenge Corporation

Counterpart Ministry : 
  • Ministry of Energy 90.0 %
  • Ministry of Physical Infrastructure and Transport 10.0 %

Executing Agency: 
  • Ministry of Finance 100.0 %

Implementing Agency: 
  • Ministry of Finance 100.0 %
Funding
Millennium Challenge Corporation
Transaction Type Transaction Date Type Of Assistance Mode Of Payment Post Earthquake Assistance Aid Type Financing Instrument Amount
Actual Commitment 09-14-2017 Grant Aid Reimbursable No NORMAL CASE Program Based Support 500,000,000 USD
Sub Total Actual Commitment: 500,000,000 USD
Sub Total Planned Commitment: 0 USD
Actual Disbursement 06-30-2024 Grant Aid Reimbursable No NORMAL CASE Program Based Support 28,476,571 USD
Actual Disbursement 07-31-2024 Grant Aid Reimbursable No NORMAL CASE Program Based Support 9,353,042 USD
Actual Disbursement 08-31-2024 Grant Aid Reimbursable No NORMAL CASE Program Based Support 517,989 USD
Actual Disbursement 09-30-2024 Grant Aid Reimbursable No NORMAL CASE Program Based Support 4,790,352 USD
Sub Total Actual Disbursement: 43,137,954 USD
Sub Total Planned Disbursement: 0 USD
UNDISBURSED BALANCE: 456,862,046 USD
Progress Achieved

Progress Achieved: 


Key Problems: 


Steps Taken to solve the problem: 


Document

Open a PDF file of the doc attached Open.