Additional Financing to the Senegal Electricity Sector Support Project (WB-P158655)

Countries
  • Senegal
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 28, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
REPUBLIC OF SENEGAL
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 70.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 168.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 26, 2019

Disclosed by Bank May 1, 2016


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Project Description

The development objectives for Electricity Sector Support Project for Senegal are: (a) reducing (Société Nationale d'Électricité du Sénégal), SENELEC’s technical and commercial losses; and (b) improving the reliability of electricity services in selected areas focusing primarily on Greater Dakar. The Additional Financing (AF) will scale up and finance new activities under a well performing parent project. The AF also leverages parallel co-financing in the amount of 94 million US dollars from the European Investment Bank (EIB). The Project development objectives (PDOs) will remain unchanged, and the proposed AF will make additional investments in the transmission and distribution (T&D) network of SENELEC the national power utility, as well as scale up measures to address losses to improve SENELEC’s commercial performance and in turn improve service quality to customers. As part of the AF, it is proposed to extend the project closing date by four years, to October 31, 2020. This is the first AF and first extension of the project.

Investment Description
  • World Bank (WB)
Contact Information

Borrower/Client/Recipient
Name: Ministry of Energy and Mining
Contact: Mrs. Oumy Khairy Diao Diop
Title: Technical Advisor
Email: okdiao@hotmail.com

Implementing Agencies
Name: SENELEC
Contact: Bakary Diop
Title: Director, General Studies
Email: bakary.diop@senelec.sn

ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.