Rural Electrification Project Stage II (WB-P160658)

Countries
  • Vanuatu
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
Approved
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
May 31, 2017
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 and Economic Management, Ministry of Climate Change and Natural Disaster
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 Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 4.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 4.00 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)
$ 14.17 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 Nov 16, 2017

Disclosed by Bank Jul 28, 2016


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Project Description
According to World Bank website, The objective of the Second Rural Electrification Project Stage Project is to support increased penetration of renewable energy and increased access to electricity services in the dispersed off-grid areas of Vanuatu. There are three components to the project: Component 1. Provision of solar home systems and micro grids systems in rural areas of Vanuatu. This component will support expansion of access to reliable electricity service in rural Vanuatu through SHS and micro grid configurations where mini grid configurations are unlikely to be economically viable and which are not earmarked for mini grids under this or other donor or government projects or are the least cost solution. SHS and micro grids will be available to rural households and public institutions. This component will target approximately 37 public institutions and 8,400 rural households, which equates to approximately 42,000 people. Component 2. Construction of Mini Grids systems in rural areas of Vanuatu. This component will support the expansion of access to reliable electricity services for rural communities through support for the design, supply, installation and commissioning of mini grid systems. The project will finance the construction of five mini grids, based on initial cost estimates. Component 3.Technical assistance and project management. This component addresses three key areas of the project, the first focusing on the vendor registration model for Component one, the second focusing on owners’ engineer for component two and the third focusing on project management.
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Kamleshwar Prasad Khelawan Senior Energy Specialist, World Bank No contact information provided at the time of disclosure. Borrower/Client/Recipient: Ministry of Finance and Economic Management Letlet August, Director General Email Address: laugust@vanuatu.gov.vu Implementing Agencies: Department of Energy, Ministry of Climate Change and Natural Disaster Antony Garae, Director Email Address: gantony@vanuatu.gov.vu 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.