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RG-T2376 : Substitution of Fossil based Electricity Generation with Renewable Energy

Project Status: Closed

The objective of this Technical Cooperation (TC) is to promote a transition from existing fossil fuel generation capacity to renewable energy (RE) by presenting potential clients with a technically and financially viable transition package, based on a stable stream of revenues derived from their existing long term Power Purchase Agreements (PPAs) and benefiting from the reduction in operating costs and other upsides such as tax incentives, that renewable energy projects entail.

Project Detail

Project Number
RG-T2376
Project Country
Regional
Project Sector
ENERGY
Project Subsector
ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type
Technical Cooperation
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Closed
Operation Number
ATN/OC-14129-RG

Financial Information

Project Number
RG-T2376
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Nov/14/2013

Project Information

Total Cost
USD 1,250,000
Country counterpart financing
USD 300,000
Amount
USD 950,000

Approved

Title
Type
Project Number
Date Published