Electricity Services for Rural Areas Project

Project Summary

The 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.

Project Details

GEF Project ID
921
Project Type
Full-size Project
Status
Completed
Country
Senegal
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
ASER
GEF Project Manager
Yasemin E.K. Biro | ybiro@thegef.org

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
5,000,000 USD
Co-financing Total
115,580,000 USD
GEF Agency Fees
632,000 USD
Total Cost 120,580,000.00 USD

Project Timeline

Received by GEF
Concept Approved
01 Feb 2001
Project Approved for Implementation
20 Aug 2004
Project closed
31 Dec 2012