WASHINGTON, February 4, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IDA Credit: US$80 million equivalent Terms: Maturity = 40 years; Grace Period = 10 years Project ID: P108444 Project Description: The Energy Development and Access Project for Mozambique aims to increase access to electricity and modern energy services in peri-urban and rural areas in a sustainable and affordable manner. The project has three main components: (i) reinforcement of the primary networks and grid extension; (ii) investments on rural and renewable energy; and (iii) energy sector planning, policy and institutional development. Media Contact Rafael Saute + 258 21 48 29 44 rsaute@worldbank.org
For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P108444 |