Electrification of rural areas through renewable energies II

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The Electrification of Rural Regions through Renewable Energies project (Phases I and II) aims to achieve an ecologically and economically sustainable supply of previously non-electrified rural regions with electricity generated from renewable energies. The project is sponsored by the state-run Agence de Développement de lElectrification Rurale (ADER), which is responsible for the electrification of rural regions in Madagascar. The project is being implemented as a public-private partnership (PPP) project, within the framework of which two hydroelectric power plants with a total capacity of 9.2 MW are to be planned, (partially) financed, built and operated by private concessionaires. The main target group is the population in rural areas outside the interconnected network of the state energy supplier JIRAMA, i.e. predominantly poorer sections of the population with little or no access to electricity. The project also aims to promote local companies and tradespeople who contribute to creating employment and income opportunities for the local population. The FC primarily provides funds to subsidize the investment costs of the projects via the ADER. This is intended to enable the electricity tariffs to be designed in such a way that the electricity is affordable for end customers and the resulting income for the concessionaires is sustainable and sufficient. The total cost of the project is estimated at around 47 million euros. A total of 31.1 million euros is to be made available from FC funds, the concessionaires are to contribute around 11 million euros and the Malagasy state around 4.5 million euros. An additional 1 million euros of FC funds are proposed to finance a planned accompanying measure. The project is expected to be completed by the end of 2027.