World Bank to lend $150mn for energy projects in Belarus

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The World Bank plans to implement an energy project in Belarus. The temporary cost of the project is estimated at $150 million, said Alena Klochan, a transactions officer at the World Bank's office in Minsk.
The implementation of a project in the energy sector is envisaged by the World Bank's Strategy for Belarus in 2008-2011. It was approved in December 2007, she said.

The World Bank is currently in talks with experts from the Energy Ministry, Belenerga, the Department for Energy Efficiency at the State Standards Committee over the plan of activities in the framework of the project.

The project aims to build a mini-thermal power plant, to upgrade the grid and to promote private energy sources in Belarus.

Alena Klochan also said that World Bank's Board of Directors is expected in May 2008 to approve a $60 million-worth project aimed at upgrading water supply systems in Belarus, reports Belapan.