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$2,386,658.00 (Project budget includes all project-funded activities)
Last Updated Date
Feb 14, 2024
Project Estimated Start Date
Mar 21, 2016
Project Estimated End Date
Dec 31, 2017
Project Description
The IFC will act as PPP Transaction Advisor to the Government of Madagascar to support the implementation of grid-connected solar PV installations on an IPP basis for a total installed capacity that is expected to range from 25-50MW.
Development Results
The implementation of solar PV installations via private sector participation will increase access to safe and reliable power services, which in turn will foster social and economic growth in Madagascar.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of reports accepted by client
Not Available
Not Available
Number of bids conducted
Not Available
Not Available
Number of people receiving access to improved services (real/non-financial sectors)
Not Available
Not Available
GHG emissions expected to be reduced (metric tons/year)
Not Available
Not Available
E&S Risks / Impacts and Mitigation
Performance Standard
Description & 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'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.
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'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.
PS 5. Land Acquisition and Involuntary Resettlement
Land use is expected to be considered as part of the siting process, which focuses on publicly owned lands. The site might however be occupied by various formal or informal settlers, and the coastline is also a preferred location for residential dwellings or secondary habitations, which may result in physical and economic displacement. Land acquisition processes that complies with PS5 will need to be applied to the project.
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.
PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources
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.
Press-Release
Additional Documents
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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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