Eritrea - Desert to Power - 12 MW Mini Grid Project - Tesseney Kerekebet and Barentu
Sector: Raw Materials • Location: Eritrea
Source: African Development Bank (AfDB)
The Bank, using resources from the Transition Facility, will finance 15 million UA (85%) of the total cost, and the GoSE will finance a total of 2.56 million UA in the form of counterpart contributions in kind. The Bank's role is crucial because of its expertise in infrastructure development, energy, sustainable livelihoods and agriculture, as well as its experience in countries in transition. The
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Participants
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Status
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Description
Description | The Bank, using resources from the Transition Facility, will finance 15 million UA (85%) of the total cost, and the GoSE will finance a total of 2.56 million UA in the form of counterpart contributions in kind. The Bank's role is crucial because of its expertise in infrastructure development, energy, sustainable livelihoods and agriculture, as well as its experience in countries in transition. The Bank is currently supporting Eritrea's energy transition through the Dekemhare PV/BESS solar power plant. The Bank will help Eritrea achieve its goal of creating local content and local businesses to implement the proposed 12 MW mini-grid and future installations. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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