Date
Timeline Description

The Thermal Power Project will finance a power expansion program in Denmark .

Detail Description

The Thermal Power Project will finance a power expansion program in the country. The loan, which coincides with a public bond offering, will finance additional capacity to six individual power utilities including the installation of 437 MW of new thermal capacity in five plants, and the construction of transmission facilities. It will help to reduce the average heat rate of the Danish thermal plants resulting in considerable savings of fuel.

Image Timeline
Correspondence from Gabriel Lefort to B. Olsen (1366955); the Aalborg Community power plant (1720687; Credit: The World Bank).
Image Timeline Caption

Correspondence from Gabriel Lefort to B. Olsen (1366955); the Aalborg Community power plant (1720687; Credit: The World Bank).

Resource
Title
Electric Power Development Project
Description
P037363: Approved Feb. 3, 1959
The profile contains project and financial information and lists of project documents and archival records.
Image
Electric Power Development Project
Event
38
Title
Back-to-office report regarding Danish State Railways project
Image
Back-to-office report regarding Danish State Railways project
Description
Oct. 20, 1958
The mission for the field studies of the Danish State Railways (DSR) concludes that an immediate loan for the railway project is impractical and recommends lending for the power project only (1366955).
Event
38
Title
Correspondence from Gabriel Lefort to B. Olsen
Image
Correspondence from Gabriel Lefort to B. Olsen
Description
Nov. 18, 1958
Lefort informs B. Olsen at the Danish Ministry of Finance about the Bank's preliminary position on the proposed loan to Denmark (1366955).
Event
38
Title
Speech of Danish Minister of Finance
Image
Speech of Danish Minister of Finance
Description
Oct. 21, 1958
Minister Kampman delivers a speech at the Danish Government's dinner for Mr. Lefort and members of the World Bank mission (1366955).
Event
38
Image
Construction of the ASNAES thermal power plant
Title
Construction of the ASNAES thermal power plant
Description
1959
The construction of the ASNAES thermal power plant is partially funded by funds from a $20 million World Bank loan (1720687; Credit: The World Bank).
Event
38
Image
The Aalborg Community power plant
Title
The Aalborg Community power plant
Description
1959
The thermal power station was expanded with the aid of funds from a World Bank loan (1720687; Credit: The World Bank).
Event
38
Image
The Aalborg community power plant
Title
The Aalborg community power plant
Description
1959
The loan will assist in financing five thermal power projects which will increase generating capacity in Denmark by nearly 25% and also expand transmission facilities (1720687; Credit: The World Bank).
Event
38
Title
Thermal Power Project: Memorandum of the President
Image
Thermal Power Project: Memorandum of the President
Description
Document date: Dec. 30, 1958
The report appraises, summarizes, and recommends the project.
Event
38
Title
Thermal Power Project: Appraisal Report
Image
Thermal Power Project: Appraisal Report
Description
Document date: Dec. 29, 1958
The report describes and appraises the project.
Event
38
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