PAS: PNG Energy Sector Development Project
Project Summary
The proposed Project development objectives (PDO) are to (i) strengthen policy development and strategic framework for renewable energy and rural electrification; and (ii) to attract investors for sustainable development of new hydropower generation to supply the Port Moresby electricity grid.The Global Environment Objective is to support the development of a framework, information exchange and consensus-building to launch a national effort on development of renewable energy-based mini-grids and rural electrification.
Project Details
| GEF Project ID | 4283 |
| Project Type | Medium-size Project |
| Status | Project Approved |
| Country | Papua New Guinea |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | DEPARTMENT OF PETROLEUM AND ENERGY, GOVERNMENT OF PNG |
| GEF Period: | GEF - 4 |
| Approval Fiscal Year: | 2010 |
Project Documents
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 900,000 USD |
| Co-financing Total | 8,350,000 USD |
| GEF Agency Fees | 90,000 USD |
| Total Cost | 9,250,000.00 USD |
Project Timeline
Received by GEF
14 Jun 2010
Concept Approved
23 Jun 2010
Project Approved for Implementation
02 Jan 2013
Project closed