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Pending (Project budget includes all project-funded activities)
Last Updated Date
Jun 12, 2021
Project Estimated End Date
Apr 30, 2017
Project Description
IFC will assist the government of Ghana to introduce private sector participation in the country's largest power distribution utility, Electricity Company of Ghana (ECG). The project will involve the structuring and the implementation of a public-private partnership (PPP) between the Government and a suitable private investor.
Development Results
The project aims to improve the efficiency and performance of Electricity Company of Ghana, though a public-private partnership with a reputable and experienced power distribution operator, with a view to increase access to safe and reliable power services.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of agreements (concession, etc.) signed
Not Available
1
Number of bids conducted
Not Available
1
Value of financing facilitated (US$)
Not Available
Not Available
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures.
An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 2. Labor and Working Conditions
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures.
An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 3. Resource Efficiency and Pollution Prevention
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures.
An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 4. Community Health, Safety and Security
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC team continues to provide advice consistent with relevant Performance Standards and has made recommendations for appropriate mitigation measures.
An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
PS 5. Land Acquisition and Involuntary Resettlement
As part of its Due Diligence, and as mandated by IFC's sustainability Policy, IFC team will screen this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
An update on the mitigation measures will be provided when the project has been awarded and the relevant contracts have been signed.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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