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Nepal: Private Sector-Led Mini-Grid Energy Access Project

Abstract*

The Private Sector-Led Mini Grid Project of Nepal has the objective to increase electricity generation capacity from renewable energy mini-grids in selected areas by mobilizing Energy Service Companies (ESCOs). The project is comprised of two components: (1) Credit facilities to support renewable mini-grid subprojects; and (2) Technical assistance to the mini-grid sector, ESCOs and the partner Banks and project management support.

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO is to increase energy generation capacity from the renewable energy systems in selected areas by mobilizing private developers.

Key Details

Project Details

  • P149239

  • Active

  • Barsha Pandey

  • Nepal

  • Nepal

  • May 5, 2017

  • (as of board presentation)

    January 30, 2019

  • September 30, 2019

  • US$ 8.00 million

  • Alternative Energy Promotion Centre (AEPC)

  • South Asia

  • 2019

  • US$ 6.11 million

  • F

  • Not Applicable

  • September 30, 2026

  • Yes

  • BANK APPROVED

  • April 29, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Strategic Climate Fund Grant 5.61
Borrower/Recipient 6.00
Strategic Climate Fund Credit 0.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 6.11
Total Project Cost** 8.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Jan 30, 2019 TF-A8336 Loan Commitment 2,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2024-11-18
Progress towards achievement of PDO Moderately Satisfactory 2024-11-18
Financial Management Moderately Satisfactory 2024-11-18
Procurement Satisfactory 2024-11-18
Project Management Satisfactory 2024-11-18
Monitoring and Evaluation Satisfactory 2024-11-18
Overall Implementation Progress (IP) Moderately Satisfactory 2024-11-18

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Capital mobilized by private companiesValue0.00184289.0022000000.00
    DateFebruary 1, 2019January 20, 2023March 31, 2025
    Comment
  • Total biogas output for thermal applicationValue15372614.0022353976.0033000000.00
    DateAugust 31, 2021January 20, 2023March 31, 2025
    Comment
  • MW of renewable energy capacity enabledValue0.000.002.05
    DateApril 21, 2024February 1, 2019March 31, 2025
    Comment
  • Millions of people provided with access to electricityValue0.000.000.06
    DateApril 21, 2024February 1, 2019March 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of new mini-grid subprojects supported by the projectValue0.000.004.00
    DateFebruary 1, 2019January 20, 2023March 31, 2025
    Comment
  • People trained in project preparation and implementationValue0.00221.00250.00
    DateFebruary 1, 2019January 20, 2023March 31, 2025
    Comment
  • No. of off-grid generation plants created and operational by the projectValue193.00200.00211.00
    DateAugust 31, 2021January 20, 2023March 31, 2025
    Comment
  • Number of women trained to engage in mini-grid sectorValue0.0047.0050.00
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Net greenhouse gas (GHG) emissionsValue0.001077718.00230000.00
    DateAugust 31, 2021January 20, 2023March 31, 2025
    Comment
  • Consultations with citizens and consumer feedback surveys with publicly disclosed reports summarizing findingsValueNoYesYes
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Net greenhouse gas emissionsValue0.000.0029486.86
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Specialist services procured for project implementationValueNoYesYes
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Number of businesses provided with new or improved electricity serviceValue0.000.0050.00
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Number of women businesses provided with new or improved electricity serviceValue0.000.0012.00
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment
  • Number of households provided with new or improved electricity serviceValue0.000.001500.00
    DateFebruary 1, 2019January 20, 2023March 31, 2025
    Comment
  • Annual electricity output from renewable energyValue0.000.004.80
    DateFebruary 1, 2019January 20, 2023April 30, 2024
    Comment