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RERED II Additional Financing

Development Objective

To increase access to clean energy in rural areas through renewable energy.

Key Details

Project Details

  • P150001

  • Closed

  • Zubair Sadeque

  • N/A

  • Bangladesh

  • June 19, 2014

  • (as of board presentation)

    June 19, 2014

  • N/A

  • US$ 151.60 million

  • N/A

  • South Asia

  • 2014

  • US$ 93.40 million

  • B

  • February 28, 2022

  • N/A

  • Yes

  • BANK APPROVED

  • P131263

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Global Partnership on Output-based Aid 15.00
IDA Credit 48.40
Local Beneficiaries 12.70
Non-Government Organization (NGO) of Borrowing Country 35.50
IDA recommitted as a Credit 30.00
Borrower/Recipient 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 78.40
IBRD + IDA Commitment 78.40
Lending Instrument
Grant Amount 15.00
Total Project Cost** 151.60

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

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of households, farmers, and businesses having access to clean energy servicesValue0.00529000.002041000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentThe number is from the solar home systems (333,214) and biogas plants for cooking (1,429) installed at households.
  • Generation Capacity of Renewable Energy (other than hydropower) constructedValue0.0020.0055.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentThis is from the solar home systems installed. With more smaller-sized systems installed, the average system size is 35Wp/systemcompared to the appraisal estimate of 50Wp per system.
  • More efficient energy consumption through introduction of energy efficient lightingValue0.000.00160.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentCFL deployment yet to start.Targeted MW saved per year.
  • Direct project beneficiariesValue0.002400000.005600000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment
  • Projected lifetime energy savingsValue0.000.00480000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentCFL deployment has not started yet.The core sector indicator that reflects the estimated MWh savings from the CFL deployment supported under the project.
  • People provided with access to electricity by household connectionsValue0.001807430.002500000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentPeople having access to solar home systems.The core sector indicator added that reflects the estimated number of people having access to solar home systems and mini-grids.
  • People that gained access to more energy-efficient cooking and/or heating facilitiesValue0.000.004300000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentThe cookstove program is yet to be rolled-out.The core sector indicator that reflects the estimated number of people in households who would have access to improved cookstovessupported under the project.
  • Generation Capacity of Renewable Energy constructed-SolarValue0.0020.0056.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    CommentThe project is flexible to support different technologies for mini-grids and captive plants based on market demand. A specifictarget for the different technologies cannot be established at the outset although most of the capacity supported is assumed to besolarPV based.
  • Female beneficiariesValue0.0051.0059.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment
  • Ppl provided wth elec. by hhold conn.–Offgrid/minigrid–Only renewable sourcesValue0.001807430.002500000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment
  • People that gained access only through switching of cooking and/or heating systemsValue0.000.004300000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of solar home systems installedValue0.00524000.001000000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment
  • Number of connections made through mini-grid systems and captive plantsValue0.00250.007500.00
    DateDecember 31, 2012September 30, 2013December 31, 2018
    Comment
  • Number of solar irrigation pumps installedValue0.0040.001250.00
    DateDecember 31, 2012September 30, 2013December 31, 2018
    CommentThe number reported is the pumps installed from USAID grant financing. 50 Pumps are currently under construction.This is the target under grant financing from the Bangladesh Climate Change Resilience Fund (BCCRF) and the USAID trust funds.
  • Number of higher efficiency cook stoves disseminatedValue0.000.001000000.00
    DateDecember 31, 2012September 30, 2013December 31, 2018
    CommentThe dissemination of cookstoves is yet to start.
  • Number of biogas plants for cookingValue0.004400.0033000.00
    DateDecember 31, 2012November 30, 2013December 31, 2018
    Comment
  • Number of incandescent lamps replaced with energy efficient compact floursecent lampsValue0.000.007250000.00
    DateDecember 31, 2012September 30, 2013December 31, 2018
    CommentThe CFls are yet to be procured.
  • Enabling policy for renewable energy developmentValueSREDA not operationalSREDA cell operationalSREDA operational with core staff appointed
    DateSeptember 30, 2013December 31, 2015
    CommentWith a full-time Chairman appointed, the SREDA Cell has started functioning. Yet to have a full-fledged set-up with core staff.
  • Collection Efficiency of SHS Partner OrganizationsValue96.000.0096.00
    DateFebruary 28, 2014December 31, 2018
    Comment
  • People who gained access to more energy-efficient cooking and/or heating facilitiesValue0.000.001.00
    DateDecember 31, 2018
    Comment
  • People provided with access to electricity under the project by household connectionsValue0.002.404.50
    DateDecember 31, 2018
    Comment
  • People who gained access only through switching of cooking and/or heating systemsValue0.000.001.00
    DateDecember 31, 2018
    Comment