The objective of this project is to enhance Barbados' energy security, by diversifying its energy matrix and promoting the use of cleaner fuels for power generation and Renewable Energy (RE). Specific objectives include: to (i) upgrade existing NG infrastructure to ensure NG service continuity; (ii) increase EE and RE applications within NPC's and BNOCL's operations; (iii) enable implementation of a PPP project to import and supply LNG for power generation; and (iv) provide technical support to NPC and BNOCL to foster organizational and operational efficiency.
|Subsector||ENERGY-ENERGY SECTOR REHABILITATION AND EFFICIENCY|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||DEC 7, 2016|
|Contract Signature Date||JUN 14, 2017|
|IDB Financing *||34.00|
|Total Cost H||USD 34,000,000|
|Reporting currency||USD - United States Dollar|
|Reporting Date||SEP 30, 2017|
|Undisbursed Amount H||USD 34,000,000|
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