Date
Timeline Description

This fourth World Bank loan for Norway will assist in the construction of the Tunnsjo and Tunnsjodal hydroelectric power plants and additional transmission lines.

Detail Description

Due to various economic factors, including a depression in shipping, the Norwegian government’s investment plans are prioritizing electric power and power-using industries that are highly capital-intensive. The Electric Power Project will help to finance the construction of the Tunnsjo and Tunnsjodal hydroelectric power plants in the mountains of central Norway, with a combined capacity of 168,000 kilowatts. Half the power from the plants will supply the region and the remainder will be exported to Sweden. The loan will also assist in the construction of 350 miles of transmission lines to reinforce and interconnect the power grids in central and southern Norway.

Image Timeline
Memo from G. Lefort to files regarding prposal for a hydro-electric project (1705811).
Image Timeline Caption

Memo from G. Lefort to files regarding prposal for a hydro-electric project (1705811).

Resource
Title
Tunnsjo - Tunnsjodal Power Project
Description
P037469: Approved July 7, 1959
The profile contains project and financial information and lists of project documents and archival records.
Image
Tunnsjo - Tunnsjodal Power Project
Event
41
Title
Memo from G. Lefort to files
Image
Memo from G. Lefort to files
Description
Oct. 3, 1957
The memo contains information on a meeting with a Norwegian delegation to discuss Norway's proposal to borrow from the Bank for a hydro-electric project (1705811).
Event
41
Title
Press release -- $20 million electric power loan to Norway
Image
Press release -- $20 million electric power loan to Norway
Description
July 8, 1959
The World Bank $20 million loan to Norway equivalent to $20 million will finance the construction of two power plants having a combined capacity of 168,000 kilowatts (1705813).
Event
41
Image
Signing of Electric Power Project
Title
Signing of Electric Power Project
Description
c.1959
Mr. W. A. B. Iliff (right), Vice President of the World Bank, signs loan documents with Norwegian delegates (1726696; Credit: The World Bank).
Event
41
Title
Tunnsjo-Tunnsjodal Power Project: Appraisal Report
Image
Tunnsjo-Tunnsjodal Power Project: Appraisal Report
Description
Document date: June 29, 1959
The report describes and appraises the project.
Event
41
Title
Interview with Benjamin B. King
Image
Interview with Benjamin B. King
Description
Interview date: July 24 and 25, 1986
On pages 14-16 of the transcript, King provides background to the hydroelectric power plant loan for Norway.
Event
41
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