Ghana Energy Sector Transformation Initiative Project (WB-P163984)

Countries
  • Ghana
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
C
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
Jul 13, 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.
Borrower
Ministry of Energy
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)
$ 20.00 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)
$ 20.00 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 Feb 27, 2019

Disclosed by Bank Oct 2, 2017


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Project Description

The development objective of the Energy Sector Transformation Initiative Project for Ghana is to strengthen the capacity of the energy sector to implement sector reforms, and improve energy sector planning and coordination in Ghana. The project has five components: (a) Management of energy sector financial flows; (b) Sector planning and coordination; (c) Energy access; (d) Natural gas; and (e) Project management. First component, Management of energy sector financial flows will assist in addressing the financial viability of the energy sector by improving revenue management at sector level, improving revenue collection at the utilities’ level, improving organizational structures, and strengthening the power companies’ operational and financial management (FM) functions. Second component, sector planning and coordination is to enhance planning and coordination across the energy sector, this component will assist the Government to design effective institutional arrangements with clear mandates for the regulatory institutions in the energy sector, conduct technical studies on the sector including electricity sector assessment and a gas sector assessment; Third component, energy access has three activities: (a) conducting feasibility and investment planning studies for grid extension and off-grid electrification to reach the Government’s goal for universal electrification by 2030; (b) preparing a strategy for increasing access to safe clean cooking as committed under SDG 7; and (c) conducting studies to upgrade NEDCo’s sub-transmission, distribution and operational systems to improve its operational efficiency; Fourth component, natural gas includes three activities: (a) development of a strategy for balancing natural gas demand and supply; (b) review of WAGP treaties and operation; and (c) support for GNPC in their role as gas aggregator, as well as GNGC and other gas

Investment Description
  • World Bank (WB)
Contact Information

Ministry of Energy
Andrew Barfour
Project Coordinator
atbarfour@hotmail.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.