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Detail of GEF Project #2537

GEF Project ID2537
IBRD PO ID90058
Funding SourceGEF Trust Fund
Project NameRenewable Energy Project
CountryArmenia
RegionEurope and Central Asia
Focal AreaClimate Change
Operational Program6
Pipeline Entry Date2004-05-24
PDF-B Approval Date2004-05-24
Approval Date2005-09-13
CEO Endorsement Date2006-02-27
GEF Agency Approval Date2006-03-29
Project Completion Date2010-12-31
Project StatusProject Completion
GEF AgencyWorld Bank
Executing AgencyMinistry of Energy and Energy Resources
DescriptionThe objective of the proposed project is to increase the share of renewable energy production in Armenia through the development of a self-sustaining, market-based financial mechanism.
PDF B Amount
250,000 USD
GEF Project Grant
3,000,000 USD
GEF Grant
3,250,000 USD
Cofinancing Total
15,500,000 USD
Project Cost
18,750,000 USD
GEF Agency Fees
292,500 USD
GEF Project (CEO Endo.)
3,000,000 USD
Cofinancing Total (CEO Endo.)
22,050,000 USD
Project Cost (CEO Endo.)
25,300,000 USD
Project Documents

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