Common Contracts

Project Agreement (Second Energy Project) between

Project Agreement • December 15th, 2004

• Contract Type
  Project Agreement
• Filed
  December 15th, 2004

WHEREAS: (A) by the Development Credit Agreement of even date herewith between Federal Democratic Republic of Ethiopia (the Borrower) and the Association, the Association has agreed to lend to the Borrower an amount in various currencies equivalent to one hundred forty-six million one hundred thousand Special Drawing Rights (SDR 146,100,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that EEPCO agrees to undertake such obligations toward the Association as are set forth in this Agreement;