Lesotho Scaling Renewable Energy Program (SREP) Investment Plan (IP) (WB-P160583)

Countries
  • Lesotho
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
Oct 9, 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, Ministry of Development Planning
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.
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 Aug 13, 2017

Disclosed by Bank Aug 3, 2016


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Project Description
The proposed development objective is to support the Government of Lesotho to prepare a renewable energy investment plan for consideration by the SREP for funding. The project will provide support the GoL to prepare a renewable energy investment plan for consideration by the SREP for funding. The plan should be comprehensive, clear and effective in demonstrating how SREP resources and other donor and private sector financing would be used in Lesotho to overcome current obstacles to the wider penetration of renewable energy. The project will include two phases. Phase I will assess the potential and costs of applicable renewable energy technologies, prioritize potential interventions and facilitate discussions of these results with stakeholders. Based on the outcomes of Phase I, Phase II will develop the draft investment plan in for the prioritized renewable energy investments that can be undertaken.
Investment Description
  • World Bank (WB)
Contact Information
Name: Ministry of Development Planning Contact: Tlohelang Aumane Title: Principal Secretary Tel: 26663945994 Name: Miinistry of Energy, Mining and Water Affairs Contact: Mokhethi Seitlheko Title: Deputy Director Tel: 26622323220 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.