LOANS & CREDITS January 31, 2019

NEPAL: PRIVATE SECTOR-LED MINI-GRID ENERGY ACCESS PROJECT

WASHINGTON, January 30, 2019 – The World Bank’s Board of Executive Directors today approved the following project:

Private Sector-Led Mini-Grid Energy Access Project

Trust Fund Credit

Strategic Climate Fund (SCF) Trust Fund Credit: $2 million  
Terms: Maturity = 40 years; Grace = 10 years

Trust Fund Grant: $5.61 million

Project ID: P149239

Project description: The project will increase electricity generation capacity from renewable energy mini-grids in selected areas by mobilizing energy service companies (ESCOs). 
 

 


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