Rural Power

Project Summary

The purpose of this PDF activity is to directly assist preparation of a specific investment project component in electrification of off-grid rural areas in the Philippines, on a least cost basis, that is expected to include significant use of appropriate new and renewable energy (NRE) technologies and thus contribute to the mitigation of greenhouse gas (GHG) emissions. The activity will, in effect, reduce the primary market barrier to public and private investments in NRE in off-grid areas by providing to government planners and potential private participants a detailed comprehensive analysis of key issues and options in investment decision making, including technology choices, service delivery options and financing mechanisms in the specific barangays targeted by the project

Project Details

GEF Project ID
1071
Project Type
Full-size Project
Status
Completed
Country
Philippines
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Department of Energy
GEF Period:
GEF - 2
Approval Fiscal Year:
2002

Financials

Project Preparation Grant Amount
350,000 USD
GEF Project Grant
10,000,000 USD
Co-financing Total
26,500,000 USD
GEF Agency Fees
1,200,000 USD
Total Cost 36,850,000.00 USD

Project Timeline

Received by GEF
06 Feb 2001
Preparation Grant Approved
14 May 2001
Concept Approved
01 May 2002
Project Approved for Implementation
22 Sep 2003
Project closed
31 Dec 2011