Power Sector Recovery Project - Additional Financing (WB-P160771)

Countries
  • Guinea
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 16, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
GOVERNMENT OF GUINEA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 5, 2018

Disclosed by Bank Sep 1, 2017

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The development objective of Power Sector Recovery Project for Guinea is to improve the technical and commercial performance of the Electricité de Guinée (EDG). This project has three components. 1) The first component, Improvement of EDG’s performance through a management services contract, aims to finance the additional services of experts from the MSC contractor without extending the MSC execution period ending in October 2019. 2) The second component, Improvement of Conakry distribution network and commercial performance of EDG, aims to finance critical investments identified by the IRP of EDG to improve (a) the distribution network for better service delivery and (b) commercial performance of EDG. It has the following two subcomponents: (i) Improving Distribution Network; and (ii) EDG’s commercial performance improvement. 3) The third component, Technical assistance, capacity building, and project implementation support, aims to finance the implementation of Human Resource Capacity Building Program of EDG (2017–2019) and the institutional support to the Ministry of Energy and Hydraulics (MEH), Agence Guinéenne d’Electrification Rurale (AGER), and the regulator, and support to the two PIUs of the project. It has two subcomponents as follows: (i) Capacity building of EDG’s human resources; and (i) Institutional and project implementation support.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Name:Electricite de Guinee (EDG)
Contact:Abdenbi Attou
Title:Administrator General
Email:attou.abdenbi@veolia.com

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.

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