The principal objective of the Project is to introduce decentralized options, including those based on renewable energy technologies (RETs), into the present electrification plan for rural areas. Assistance to the GOH would include: (a) support for the development of a rational rural electrification policy (b) financing of decentralized minigrid projects that demonstrate sustainable private sector or community-based operation, and (c) support for the creation of a wider market for photovoltaic (PV) through appropriate incentives to both providers and users.

Project Details

GEF Project ID
2489
Country
Honduras
Implementing Agencies
The World Bank
Approval FY
Status
Completed
Region
Latin America and Caribbean
Executing Agencies
Fondo Hondureño de Inversión Social (FHIS)
GEF Period
GEF - 3
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
18,290,000
GEF Project Grant
2,350,000
GEF Agency Fees
243,000

Timeline

Received by GEF
Concept Approved
Project Approved for Implementation
Project Closed