Bolivia Decentralized Electricity for Universal Access

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The Decentralized Electricity for Universal Access Project aims to increase affordable access to electricity in remote rural areas of Bolivia. There are two components to the project. The first component of the project is investment and transaction support. This component has three sub-components: A) new solar home system (SHS) service contracts: the project will fund output-based subsidies to private providers for the sale, installation, and after-sale service and market development activities for solar home systems of different sizes for rural households, micro-enterprises, schools and clinics, for domestic, social and productive uses; B) Pico-Photovoltaic (PV): this sub-component will develop a pilot project to facilitate the market development of Pico-PV systems by providing incentives for participating companies proven to meet well specified project quality criteria; and C) transaction support: this component will finance external technical and financial audits of the project and of the providers by an independent auditor, as well as the monitoring and verification of outputs over a three-year period. The second component of the project is the project supervision by the Bank. Project supervision covers the work of the task team leader, the technical specialists, and the fiduciary and safeguards staff for the supervision of the Global Partnership Output-Based Aid (GPOBA) subsidies.