Least-Cost Electricity Access Development Project - LEAD (WB-P163870)

  • 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
Bank Risk Rating
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
Nov 5, 2018
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.
Government of Madagascar
The holder of the loan, grant, or other investment.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 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)
$ 150.00 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 Mar 21, 2019

Disclosed by Bank Feb 15, 2018

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Project Description

According to bank documents, the Project Objective is to increase the number of Malagasy households and businesses with access to reliable electricity services.

  1. Component 1 (US$M 75): Expansion of Grid-based Electricity Access This component will finance cost-effective, priority investments in grid extension and densification, while leveraging geospatial analysis and low cost electrification technologies to maximize the number of new connections per US$ invested. This approach is expected to boost access particularly in villages relatively near to existing and planned transmission and distribution infrastructure.
  2. Component 2 (US$M 40): Expansion of Off-grid Electricity Access This component will finance interventions that promote electricity access for households, enterprises, and community facilities that are not likely to be connected to the electric grid in the short to medium term. Geographical areas and specific clusters most in need of said interventions will emerge from an associated geospatial plan (described below).
  3. Component 3 (IDA US$M 5 equivalent): Technical Assistance and Project Implementation Support This component will assist MEEH ADER, JIRAMA and ORE in building technical expertise and operational capacity of their staff and help the four agencies devise enabling policies and regulatory frameworks to further their respective mandates. Therefore, the component will provide a broad range of technical and financial support in access planning, implementation support and capacity building activities.
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Jan Friedrich Kappen, Miarintsoa Vonjy Rakotondramanana
Senior Energy Specialist

Alain Rasolofondraibe
Governor of the Central Bank of Madagascar

Implementing Agencies:
Olivier Jaomiary
Managing Director

Ministère de l'Eau, de l'Energie et des Hydrocarbures
Laurent Rajaonarivelo
Secretaire General


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