Renewable Energy in Rural Markets Project
Project Summary
As part of a strategic rural electrification program, the project would substitute PV, wind power and mini-hydro schemes for diesel generators where diesel would normally be the least cost alternative. The project would supply power to over 130,000 rural households and about 4,400 public services like schools, medical centers or civil service centers. It would operate to supply the dispersed rural market at the provincial level by inviting bids from private companies for concessions. Project support would also be provided to strenghten provincial regulatory authorities and ensure an appropriate incentive/enforcement framwework.
Project Details
| GEF Project ID | 124 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Argentina |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Secretariat of Energy and Ports; Provincial Governments |
| GEF Period: | GEF - 1 |
| Approval Fiscal Year: | 1998 |
Project Documents
Financials
| Project Preparation Grant Amount | 115,000 USD |
| GEF Project Grant | 10,000,000 USD |
| Co-financing Total | 110,500,000 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 120,615,000.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
31 Jan 1996
Concept Approved
01 Nov 1997
Project Approved for Implementation
28 Feb 1999
Project closed
24 Jun 2010
