Guinea - Rural Electrification Project

The Rural Electrification Project (PER) covers 31 localities along the national interconnected grid situated in Basse and Moyenne Guinée. The localities are located in the Basse and Moyenne Guinée Regions, both of which have significant economic potential and are crossed by asphalted roads. The project will also include the conduct of two studies essential for preparing future energy sector operations in Guinea by the Bank and other donors. The project will improve the living and working conditions of the people, boost the development of small-scale businesses and market garden crop preservation and processing, and generally improve the business environment of micro-enterprises and SMEs/SMIs in the target area. In addition, it will help raise the rural electrification rate from 3% in 2009 to 15% in 2015 and reduce the rate of energy loss on the distribution network from 48% in 2009 to 20% in 2015. The overall project cost, net of taxes will amount to UA 15.053 million. It will be implemented over the 2011-2014 period.