Summary of Advisory Services Project Information
Project Number
595447
Primary Business Area
Sustainable Business Advisory
Disclosure Date
Feb 19, 2013
Country
South Africa
Region
Africa
IFC Approval Date
Mar 26, 2012
Status
Completed
Estimated Total Budget
$1,550,000.00
(Project budget includes all project-funded activities)
Last Updated Date
Feb 26, 2017
Project Estimated End Date
Jun 30, 2015
Project Description
The project will be implemented in two phases. As part of phase one, the project will assist the client in designing a new National Electrification Roadmap to provide electricity connections to households through grid and non-grid solutions. The Roadmap will leverage both public and private sector players and contribute to increased access to electricity.
The second phase of the project, which is expected to support the client in establishing a non-grid electrification delivery mechanism, will be launched upon the approval of the Roadmap. As part of phase two, the project will support the private sector to design non-grid electrification models and facilitate access to finance for viable models. Specifically, the project will assist local firms in developing innovative and viable business models that will lead to investments in non-grid renewable energy (RE). This firm-level intervention will complement the Electrification Roadmap by demonstrating that companies, with the right support, are willing and able to make viable RE electrification investments. It should be noted that the activities and expected results stemming from phase two are dependent on the successful completion of phase one. The current disclosure relates to the first phase of the project.
The second phase of the project, which is expected to support the client in establishing a non-grid electrification delivery mechanism, will be launched upon the approval of the Roadmap. As part of phase two, the project will support the private sector to design non-grid electrification models and facilitate access to finance for viable models. Specifically, the project will assist local firms in developing innovative and viable business models that will lead to investments in non-grid renewable energy (RE). This firm-level intervention will complement the Electrification Roadmap by demonstrating that companies, with the right support, are willing and able to make viable RE electrification investments. It should be noted that the activities and expected results stemming from phase two are dependent on the successful completion of phase one. The current disclosure relates to the first phase of the project.
Development Results
Additional Documents
