Date
Timeline Description

The $21 million loan for the Ybbs-Persenbeug project will help construct a hydroelectric power plant on the Danube River in Austria.

Detail Description

The Voitsberg-St. Andra Electric Power Project is one of two power projects approved for Austria in 1956, both carried out by Verbundgesellschaft, the Austrian Electric Power Corporation. Both projects are part of the program of power expansion being carried out in Austria. The Ybbs Persenbeug project will consist of a large run-of-the-river hydroelectric plant on the Danube, 130 km by river north of Vienna, and will have a capacity of 192,000 kw from six generating units installed in two power houses.

Image Timeline
Aerial view of the project with a barrage in the background (1715963; Credit: The World Bank).
Image Timeline Caption

Aerial view of the project with a barrage in the background (1715963; Credit: The World Bank).

Resource
Title
Power Project
Description
P037352: Approved Sept. 20, 1956
The profile contains project and financial information and lists of project documents and archival records.
Image
Power Project
Event
30
Title
Correspondece from Reinhard Kamitz to President Black
Image
Correspondece from Reinhard Kamitz to President Black
Description
May 17, 1956
The Austrian Minister of Finance, Reinhard Kamitz, informs President Black of the positive report he received from his staff who visited Washington, DC to negotiate the final drafts of the loan agreements (1516754).
Event
30
Title
Memo from V. Umbricht to files
Image
Memo from V. Umbricht to files
Description
March 23, 1956
The memo provides details of a meeting with the Rotterdamsche Bank and the Austrian Ministry of Finance to discuss the possibility of a joint operation (1516754). 
Event
30
Title
Press release -- $31 million of loans in Austria
Image
Press release -- $31 million of loans in Austria
Description
Sept. 21, 1956
The press releases announce the World Bank's approval of two loans totaling $31 million for electric power expansion in Austria (1516757).
Event
30
Image
Run-of-the-water hydroelectric plant
Title
Run-of-the-water hydroelectric plant
Description
1958
Construction of a run-of-the-river hydroelectric plant on the Danube at Ybbs-Persenbeug (1715963; Credit: The World Bank).
Event
30
Image
Ybbs-Persenbeug power plant on the Danube
Title
Ybbs-Persenbeug power plant on the Danube
Description
1958
Aerial view of the project from the north bank looking upstream with a barrage in the background (1715963; Credit: The World Bank).
Event
30
Title
Thermal and Hydroelectric Power Projects: Appraisal Report
Image
Thermal and Hydroelectric Power Projects: Appraisal Report
Description
Document date: Aug. 6, 1956
The report appraises the Austrian power expansion program and gives a more detailed appraisal of three power projects included in the program.
Event
30
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