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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
Preparation
Title
Type
Project Number
Date Published
TC Abstract
RG-T2376
July 03, 2013
Approved
Title
Type
Project Number
Date Published
Approved TC document
RG-T2376
December 03, 2013

