Power Utility Upgrade Program

Sustainable energy
Guyana
COUNTRIES
Guyana
DATES
01/07/2014 - 30/09/2021
TOTAL BUDGET
€ 46 455 395
TOTAL CIF CONTRIBUTION
€ 19 375 000
SECTOR
Sustainable energy
TYPES OF SUPPORT
Investment Grants
Technical Assistance
DESCRIPTION

The programme aims to improve the safety and reliability of the Guyana Power and Light, Inc. (GPL) electricity distribution system by financing infrastructure specifically focused on the reduction of electricity losses, deploying a strong Corporate Development Program (CDP) to manage GPL’s operations and  implement solutions to GPL’s longstanding problems, while improving quality of service through: (a) the rehabilitation of the existing distribution network and associated equipment as part of a strategic loss reduction programme; and (b) the strengthening of GPL, in order to contribute to the enhancement of its corporate capacities, which will help to achieve a set of performance targets for GPL.

RESULTS
  • Supply energy within minimum international standards.

  • Rehabilitation of 40% of the distribution network.

LEAD FINANCING PARTNER
CO-FINANCING PARTNERS
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS