Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Skip to Main Navigation
LOANS & CREDITS April 10, 2018

Bangladesh: Second Rural Electrification and Renewable Energy Development (RERED II) Project

WASHINGTON, April 10, 2018 - The World Bank’s Board of Executive Directors today approved additional financing for the following project:

Second Rural Electrification and Renewable Energy Development (RERED II) Project

IDA Loan:  US$55 million

Terms: Maturity = 38 Years, Grace = 6 Years

Project ID: P131263

Project Description: This additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. The project will enable about 10 million people living in villages, shoals, and islands to access electricity and use energy efficient cookstoves. These interventions will help the country reduce carbon emissions.

 


Contacts

Washington, DC
Elena Karaban
(202) 473-9277
ekaraban@worldbank.org
Dhaka
Mehrin Ahmed Mahbub
(880-2) 55667777
mmahbub@worldbank.org
Api
Api