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LOANS & CREDITS January 30, 2020

Lesotho - Renewable Energy & Energy Access Project

IDA Credit: US$ 40 million equivalent

Maturity: 30 years   Grace: 5 years

Scaling-up Renewable Energy  Program (SREP) Loan under the Strategic Climate Fund (SCF): US$ 8 million

Maturity: 30 years   Grace: 10 years

SREP Grant under SCF: US$ 4.9  million 

Project ID: P166936

Project Objectives Description: The project objective is to increase access to electricity in rural and peri-urban areas of Lesotho.