PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607350

Primary Business Area

Other

Disclosure Date

Jul 30, 2023

Country

South Africa

Region

Africa

IFC Approval Date

Oct 28, 2022

Status

Active

Estimated Total Budget

$910,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 15, 2023

Project Estimated Start Date

Oct 1, 2022

Project Estimated End Date

Jun 30, 2025

Project Description

The objective of this program is to partner with the GoSA in reducing the time and procedures of licensing Independent Power Producers in South Africa in order to increase the volume in MW of expected power generation commitments. This will be achieved by partnering with the GoSA to streamline and expedite licensing of IPPs, thereby reducing the time and procedures of approvals and bringing power projects online faster. This streamlined approval process will allow unblocking of stalled generation projects currently locked in red tape. The project will also support the creation of the Energy One Stop Shop, and IT solutions that may be required to facilitate the results that this project aims to achieve.

Development Results

E&S Risks / Impacts and Mitigation