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Detail of GEF Project #921

GEF Project ID921
Funding SourceGEF Trust Fund
Project NameElectricity Services for Rural Areas Project
Focal AreaClimate Change
Operational Program6
Pipeline Entry Date2000-06-16
Approval Date2001-02-12
CEO Endorsement Date2004-08-20
GEF Agency Approval Date2004-09-09
Project Completion Date2012-12-31
Project StatusProject Completion
GEF AgencyWorld Bank
Executing AgencyASER
DescriptionThe proposed project would complement ongoing IDA support (through the Energy sector Adjustment Credit) to the Government strategy for energy sector reform and liberalization that is spelled out in the Letter of Sector Development Policy issued in 1997. The project development objectives are to: (a) promote social equity between urban and rural areas by increasing access to electricity in rural areas, through private providers; (b) ensure proper regulation as well as competition in the energy sector, leading to affordable and reliable energy supply to urban and rural population; (c) lessen the barriers to development of renewable energy sources. These development objectives would be achieved by (i) supporting the establishment of a national agency for rural electrification, (ii) providing financing for a decentralized rural energy fund, aimed at attracting private investment and mobilize significant internal and external resources, and (iii) contributing to Senelec's investment program for grid-connected electrification.
Implementation StatusThe Board has approved the project on September 9, 2004. The grant agreement is under preparation.
GEF Project Grant
5,000,000 USD
GEF Grant
5,000,000 USD
Cofinancing Total
115,580,000 USD
Project Cost
120,580,000 USD
GEF Agency Fees
632,000 USD
GEF Project (CEO Endo.)
5,000,000 USD
Cofinancing Total (CEO Endo.)
66,700,000 USD
Project Cost (CEO Endo.)
71,700,000 USD
Project Documents

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