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VE-T1056 : Support for the Strengthening of the Venezuelan Electricity Sector

Project Status: Closed

The purpose of the TC is to support the Venezuelan power sector in the development of studies to improve its financial and operational sustainability, in issues related to (i) the tariff and subsidy scheme; (Ii) the assurance of the commercial cycle and the recovery of technical and non-technical losses; And (iii) the planning of investments for the reduction of generation costs.

Project Detail

Project Number
VE-T1056
Project Country
Venezuela
Project Sector
ENERGY
Project Subsector
ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING
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-16239-VE

Financial Information

Project Number
VE-T1056
Project Status
Closed

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Feb/28/2023

Roles & Responsibilities

Contract signature date
Jul/20/2017

Project Information

Total Cost
USD 500,000
Country counterpart financing
USD 0
Amount
USD 500,000

Preparation

Title
Type
Project Number
Date Published
Technical Cooperation Profile
VE-T1056
April 30, 2018