Power Sector Policy Reform to Promote Small Hydropower Development in the Republic of Montenegro

Project Summary

The goal of the proposed medium-sized GEF project is to reduce GHG emissions by creating favorable legal, regulatory and market environment and building institutional and administrative capacities to promote development of Montenegro’s abundant small hydropower potential for grid-connected electricity generation.

Project Details

GEF Project ID
3256
Project Type
Medium-size Project
Status
Completed
Country
Montenegro
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Ministry of Economy
GEF Period:
GEF - 4
Approval Fiscal Year:
2008

Financials

Project Preparation Grant Amount
0 USD
GEF Project Grant
978,393 USD
Co-financing Total
3,470,000 USD
GEF Agency Fees
97,839 USD
Total Cost 4,448,393.00 USD

Project Timeline

Received by GEF
19 Oct 2006
Concept Approved
27 Oct 2006
Project Approved for Implementation
28 Jan 2008
Project closed
31 May 2012