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LOANS & CREDITS

Morocco: Office National De L’Electricite (ONE) Support Project

June 10, 2008




IBRD Loan: US$ 150 Million
TERMS: Maturity = 25Years; Grace Period = 5 Years
PROJECT DESCRIPTION: The Office National de l' Electricite (ONE) Support Project for Morocco aims to support the Government of Morocco’s efforts to increase the efficiency and reliability of electricity supply. This objective will be achieved through: (i) strengthening of the transmission and distribution infrastructure and supporting reductions in overall technical losses; (ii) support to Demand Side Management (DSM) programs to reduce electricity demand growth; (iii) promotion of wind generation; and (iv) assistance to ONE to adjust to a new market environment.


Media Contacts
Dina El Naggar
Tel : (202) 473-3245
delnaggar@worldbank.org

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