Gambia secures US$43M from IDA for the electricity project

GAMBIA – The government of the Republic of The Gambia has received US$43 million worth of funding from the International Development Association (IDA) to support the implementation of its Electricity Restoration and Modernization Project abbreviated as GERMP.

The GERMP project whose total costs is estimated to be over US$121 million is also financed by the European Union (EU) and the European Investment Bank (EIB).

 GERMP was approved back in 2018 and its main objective is to increase the availability and reliability of solar electricity.

Upon completion, the project is also expected to improve the transmission and distribution network capacity of the National Water and Electricity Corporation (NAWEC).

Several projects including the installation of four solar photovoltaic power plants with a capacity of 200 MWp are planned in the Greater Banjul area, courtesy of the GERMP.

Recently, the NAWEC completed the selection of the project developers through a competitive bidding process.

The Gambian Ministry of Lands together with the Regional Government has also allocated approximately 23 hectares of land for the implementation of the project.

In addition to the solar power plant project, the GERMP will also enable the rehabilitation of 17 km of transmission lines and the connection of 20 solar photovoltaic systems with battery storage to the national grid.

Apart from electricity, GERMP also expected to improve access to water in the West African country.

 So far, several projects under GERMP are underway including the rehabilitation of three water storage tanks within a period of 48 months.

On commissioning, the GERMP is expected to contribute to the reduction of dependence on imports of expensive and CO2-emitting fossil fuels through the utilization of locally available renewable resources.

It also expected to create sources of income as people could develop skills such as welding and carpentry due to the availability of electricity.

 Furthermore, it is expected to enable the development of small businesses that depend on electricity to improve their production.

The funds received from the International Development Association (IDA), a subsidiary of the World Bank Group, were made available through its 18th replenishment.

The funding, according to IDA, increases the “Bank’s initial financing envelope for the West African country by 20 percent”.

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