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According to the bank's document, the first phase of the project aims to "initiate investments in battery energy storage for both power system and e-mobility applications."
Co-financing:
Government US$ 3,470 million
Trust Funds US$ 220 million
Private Capital US$ 320 million
World Bank
Simon J. Stolp, Lead Energy Specialist
Tel: 5720+13731 /
sstolp@worldbank.org
Gerald Paul Ollivier, Lead Transport Specialist
Tel: 5778+6594 /
gollivier@worldbank.org
Mani Khurana, Senior Energy Specialist
Tel: 5785+47759
mkhurana@worldbank.org
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: https://www.inspectionpanel.org .