Madagascar Scaling Renewable Energy Program (SREP) Investment Plan (IP) (WB-P159725)

Countries
  • Madagascar
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
B
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
Jun 30, 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
Ministry of Finance Economy and Budget
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.30 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)
$ 0.30 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 Sep 23, 2017

Disclosed by Bank May 19, 2016


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Project Description
The proposed project is complementary to other support provided by the Bank. The Bank is currently implementing technical assistance, financed by the Energy Sector Management Assistance Program (ESMAP), which is mapping the potential of small hydropower projects (less than 20 MW). This will improve datasets and increase the awareness of stakeholders (both Government and private sector) for facilitating the development of this renewable energy resource. Most importantly, it will create opportunities to lower the cost of generation, green the energy mix, and foster private sector participation in hydro generation. This activity will provide an indication of the sites with the best potential for electricity generation. The Bank is also supporting the Electricity Sector Operations and Governance Improvement Project (ESOGIP), under which it is developing of a Least Cost Power Development Plan (LCPDP), a tariff study, and an Electrification Strategy Access strategy. The project also seeks to improve the performance of JIRAMA (which should help making it a healthier utility and more able to enter into IPP arrangements in the future). The Government has equally requested support through the IFC-led Scaling Solar initiative and it is possible that SREP funds could be used to support this.
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance Economy and Budget Contact: Mme Haingotiana Rahaniraka Title: Chef de Service de la Gestion de la Dette Extérieure, Direct Tel: Email: haingo_rahan@yahoo.fr Implementing Agencies Name: Ministry of Energy Contact: Olga RASAMIMANANA Title: Ms. Tel: 261348341006 Email: sg@energie.gov.mg 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.