Energy Transition and Integration Program for Suriname

The general objective of this operation is to strengthen energy security and reduce dependence on fossil fuels in Suriname's electricity sector by expanding power transmission infrastructure and increasing electricity generation from renewable energy. The specific objectives are to: (i) increase power transmission capacity to facilitate the integration of renewable energy into the national interconnected system; (ii) provide rural communities with reliable access to electricity; and (iii) strengthen institutional capacity for planning transmission and generation investment projects.

Project Detail

Country

Suriname

Project Number

SU-L1074

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

ENERGY

Subsector

NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 90,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 90,000,000.00

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