By Published On: October 21, 2024Categories:

The proposed Project will contribute to the achievement of the GoFSM’s energy sector goals by expanding (providing new or improved) access to electricity service, increasing renewable energy generation, and enhancing capacity of energy related entities in the four states of FSM. The Project will fund construction of mini grids, rehabilitation (including resilience enhancement) of distribution networks, integration of solar PV systems, technical assistance… Show More 

Development Objective

The Project development objective is (i) to increase access to electricity, (ii) improve the reliability of electricity service, and (iii) increase renewable energy generation in targeted Project areas.

  • IDA Grant- $42 million

  • Total Project Cost: $40 million

  • (No data available) Detailed Financial Activity as of February 28, 2025

  • (No data available) INDEPENDENT EVALUATION RATINGS

1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.

3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank’s fiscal year is from July 1 – June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 – June 30, 1996.

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