Renewable Energy Project
Project Summary
Promotes private-sector-led off-grid rural electrification with solar home systems and mini-grids based on small hydro. Both household and institutional (health, education, community groups) applications are covered. Other project components for policy and institutional support, urban electric distribution, biomass (including more efficient biomass stoves), and environmental mitigation are apparently not targets of GEF support, although this point is not clearly established in the concept. Project $203 mil. GEF $5 m. IDA $132 m., utility $22 mil, private $21 mil.
Project Details
GEF Project ID | 1686 |
Project Type | Full-size Project |
Status | Project Approved |
Country | Ethiopia |
Region | |
Focal Areas | |
Funding Source | GEF Trust Fund |
Implementing Agencies | The World Bank |
Executing Agencies | The Ethiopia Electric Authority |
GEF Period: | GEF - 3 |
Approval Fiscal Year: | 2003 |
Financials
Project Preparation Grant Amount | 280,000 USD |
GEF Project Grant | 4,930,000 USD |
Co-financing Total | 10,400,000 USD |
GEF Agency Fees | 507,000 USD |
Total Cost | 15,610,000.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
06 May 2002
Concept Approved
01 May 2003
Project Approved for Implementation
27 Apr 2005
Project closed
30 Jun 2012