PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601536

Primary Business Area

Other

Disclosure Date

Dec 17, 2017

Country

Zambia

Region

Africa

IFC Approval Date

May 11, 2016

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated Start Date

Feb 7, 2017

Project Estimated End Date

Jun 30, 2019

Project Description

IFC's Cross-Industry Advisory Services will assist Industrial Development Corporation (Zambia) Limited with the development of up to 500MW of solar photovoltaic generating capacity in Zambia, through the tendering of two or more independent power producer (IPP) projects. IFC will apply a two-phased transaction implementation model. In Phase 1, IFC will carry out necessary due diligence analysis of the project, assessment of investor's interest and preparation and presentation of the recommended transation structure. In Phase 2, IFC will support IDC throughout implementation and conclusion of the project tender process until commercial close.

Development Results

E&S Risks / Impacts and Mitigation