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Detail of GEF Project #2537
| GEF Project ID | 2537 |
| IBRD PO ID | 90058 |
| Funding Source | GEF Trust Fund |
| Project Name | Renewable Energy Project |
| Country | Armenia |
| Region | Europe and Central Asia |
| Focal Area | Climate Change |
| Operational Program | 6 |
| Pipeline Entry Date | 2004-05-24 |
| PDF-B Approval Date | 2004-05-24 |
| Approval Date | 2005-09-13 |
| CEO Endorsement Date | 2006-02-27 |
| GEF Agency Approval Date | 2006-03-29 |
| Project Completion Date | 2010-12-31 |
| Project Status | Project Completion |
| Executing Agency | Ministry of Energy and Energy Resources |
| Description | The 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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