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Small Islands ASPIRE Supplement

Development Objective

As the proposed Project will be using the ASPIRE framework, the project development objective is same as for ASPIRE project. The project development objective is “to increase PV generation in Maldives through private sector investment”. The funding from the proposed Project will go towards the outer and remote islands and will not be funding the same islands as under ASPIRE project making thetwo projects complementary to each other.

Key Details

Project Details

  • P155126

  • Dropped

  • Sandeep Kohli

  • Ministry of Finance and Treasury, MoFT

  • Maldives

  • June 16, 2015

  • (as of board presentation)

    March 14, 2019

  • N/A

  • US$ 1.00 million

  • Ministry of Environment and Energy, MEE

  • South Asia

  • 2019

  • US$ 1.00 million

  • B

  • Not Applicable

  • N/A

  • CONCEPT REVIEW

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Energy Sector Management Assistance Program 1.00

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 1.00
Total Project Cost** 1.00

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

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

Detailed Financial Activity as of July 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
  • Generation Capacity of Renewable Energy (other than hydropower) constructedValue0.000.001.00
    DateAugust 25, 2015August 25, 2017
    Comment
  • Generation Capacity of Renewable Energy constructed-SolarValue0.000.001.00
    DateAugust 25, 2015August 25, 2017
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET