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Project News Details
Title:
Rwanda - Scaling Up Electricity Access Program Phase II (SEAP II)
Detail:
The second phase of the Scaling Up Electricity Access Program (SEAP II) in Rwanda, is a three-year Results Based Financing (RBF) program starting in 2018 with the loan allocation as follows: 28.05% to improve power system reliability, 64.48 % to increase on-grid access, 3.80 % to increase offgrid access, 2.67% to strengthen institutions and for capacity building and technical assistance. This is the first operation of its kind designed to use the RBF instrument on a pilot basis. The intervention has been prepared in response to a formal request submitted by the GoR in April 2018 where they expressed readiness to pilot the RBF and in a revised version of July 2018 where they applied to allocate more resources for the program. The RBF will cover the first three years of the Energy Sector Strategy Plan (ESSP)’s period (2018-2024), for an amount of EUR229.2M or about 8.1% of the ESSP financing. The expansion and rehabilitation of the distribution network as well as the improvements in reliability will contribute to making more electricity available for consumers in the region.
Country:
Source:
African Development Bank Group
Published Date:
N/A
URL:
Regions:
Project News Details
| Title |
Rwanda - Scaling Up Electricity Access Program Phase II (SEAP II) |
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|---|---|---|---|---|
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| Detail |
The second phase of the Scaling Up Electricity Access Program (SEAP II) in Rwanda, is a three-year Results Based Financing (RBF) program starting in 2018 with the loan allocation as follows: 28.05% to improve power system reliability, 64.48 % to increase on-grid access, 3.80 % to increase offgrid access, 2.67% to strengthen institutions and for capacity building and technical assistance. This is the first operation of its kind designed to use the RBF instrument on a pilot basis. The intervention has been prepared in response to a formal request submitted by the GoR in April 2018 where they expressed readiness to pilot the RBF and in a revised version of July 2018 where they applied to allocate more resources for the program. The RBF will cover the first three years of the Energy Sector Strategy Plan (ESSP)’s period (2018-2024), for an amount of EUR229.2M or about 8.1% of the ESSP financing. The expansion and rehabilitation of the distribution network as well as the improvements in reliability will contribute to making more electricity available for consumers in the region.
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| Country | ||||
| Source |
African Development Bank Group
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| Regions | ||||
| Sectors | ||||
| Published Date |
N/A
|
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Rwanda - Scaling Up Electricity Access Program Phase II (SEAP II) |
| Detail |
| The second phase of the Scaling Up Electricity Access Program (SEAP II) in Rwanda, is a three-year Results Based Financing (RBF) program starting in 2018 with the loan allocation as follows: 28.05% to improve power system reliability, 64.48 % to increase on-grid access, 3.80 % to increase offgrid access, 2.67% to strengthen institutions and for capacity building and technical assistance. This is the first operation of its kind designed to use the RBF instrument on a pilot basis. The intervention has been prepared in response to a formal request submitted by the GoR in April 2018 where they expressed readiness to pilot the RBF and in a revised version of July 2018 where they applied to allocate more resources for the program. The RBF will cover the first three years of the Energy Sector Strategy Plan (ESSP)’s period (2018-2024), for an amount of EUR229.2M or about 8.1% of the ESSP financing. The expansion and rehabilitation of the distribution network as well as the improvements in reliability will contribute to making more electricity available for consumers in the region. |
| Country |
| Source |
| African Development Bank Group |
| Regions |
| Sectors |
| Published Date |
| N/A |
| Original Url |
| View Original Url |
| Share |
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