PRIVATE SECTOR ENERGY DEVELOPMENT II

closed

The objective of the Second Private Sector Energy Development is to assist the Government of Pakistan to increase the private sector's role in the development, ownership and operation of power and related infrastructure facilities. The project will: (a) replenish the fund to provide subordinated long-term loans to private sector entities to finance goods, works, services, and associated costs required for the implementation of power plants, pipelines, fuel transportation and other power generation subprojects; (b) provide funding for the continued operation of the Private Power and Infrastructure Investment Board (PIIB) and the Fund, covering staff, consulting services, training, and facilities and equipment; and (c) provide consulting services to outline mandates for PPIB and the Fund, mobilize resources, develop guidelines to allow for future financing of energy related infrastructure and develop environment and resettlement guidelines for the assessment of subprojects.