Power Utility Upgrade Program

Sustainable energy
COUNTRIES
Guyana
DATES
Jul/2014 - Sep/2021 COMPLETED
PROJECTED TOTAL INVESTMENT SIZE
€ 50 082 885
EU CONTRIBUTION
€ 19 375 000
SECTOR
Sustainable energy
TYPES OF SUPPORT
Investment Grants
Technical Assistance
DESCRIPTION

LACIF and IDB reinforced the safety and reliability of the Guyana Power and Light, Inc. (GPL) electricity distribution system. To do so, this project financed infrastructure specifically focused on the reduction of electricity losses, deployed a strong Corporate Development Program (CDP) to manage GPL’s operations and implement solutions to GPL’s longstanding problems, and improved quality of service through: 

  • the rehabilitation of the existing distribution network and associated equipment as part of a strategic loss reduction programme and;
  • the strengthening of GPL, contributing to the enhancement of its corporate capacities, which helped achieve the 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