In 2023, one-third of the global population remained offline

Ghana Energy Sector Transformation Initiative Project

Abstract*

The development objective of the Energy Sector Transformation Initiative Project for Ghana is to strengthen the capacity of the energy sector to implement sector reforms, and improve energy sector planning and coordination in Ghana. The project has five components: (a) Management of energy sector financial flows; (b) Sector planning and coordination; (c) Energy access; (d) Natural gas; and (e) Project management. First component, Management of energy... Show More

Development Objective

The Project development objectives is to: strengthen the capacity of the energy sector to implement sector reforms, and improve energy sector planning and coordination in Ghana

Key Details

Project Details

Project ID
P163984
Status
Closed
Team Leader
Dhruva Sahai , Maame Tabuah Ankoh
Borrower 2
The Republic of Ghana

Country
Ghana
Disclosure Date
October 2, 2017
Approval Date
(as of board presentation)
July 13, 2018
Effective Date
February 8, 2019

Total Project Cost 1
US$ 20.00 million
Implementing Agency
Ministry of Energy
Region
Western and Central Africa
Fiscal Year 3
2019

Commitment Amount
US$ 20.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2023

Consultant Services required
Yes
Last Stage Reached
Bank Approved
Last Update Date
May 14, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change9%
- FY17 - Mitigation9%
FY17 - Energy100%
- FY17 - Access to Energy25%
- FY17 - Energy Efficiency25%
- FY17 - Energy Policies & Reform88%

FY17 - Private Sector Development

FY17 - Jobs33%
- FY17 - Job Creation33%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	20.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	20.00
IBRD + IDA Commitment	20.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	20.00

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

No data available.

Detailed Financial Activity as of October 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Apr 10, 2024	IDA-63030	Int Charges	207.33
Apr 10, 2024	IDA-63030	Int Charges	207.33
Nov 3, 2023	IDA-63030	Int Charges	1,067.89
Nov 3, 2023	IDA-63030	Loan Repay	308,024.84
Nov 3, 2023	IDA-63030	Int Charges	89,050.44
Nov 3, 2023	IDA-63030	Int Charges	53,430.27
Nov 3, 2023	IDA-63030	Int Charges	53,430.27
Nov 30, 2023	IDA-63030	Loan Disb	300,000.00
Mar 27, 2024	IDA-63030	Loan Disb	199,877.70
Apr 1, 2024	IDA-63030	Loan Repay	7,885.33
Apr 10, 2024	IDA-63030	Int Charges	103,535.52
Apr 10, 2024	IDA-63030	Int Charges	345.55
Apr 10, 2024	IDA-63030	Int Charges	62,631.38
Apr 10, 2024	IDA-63030	Int Charges	62,631.38
Apr 29, 2020	IDA-63030	Int Charges	7,479.14
Apr 29, 2020	IDA-63030	Int Charges	7,479.14
Apr 29, 2020	IDA-63030	Int Charges	332.40
Apr 29, 2020	IDA-63030	Int Charges	332.40
Apr 29, 2020	IDA-63030	Int Charges	554.01
Apr 29, 2020	IDA-63030	Int Charges	12,465.15
Mar 8, 2021	IDA-63030	Loan Disb	156,150.00
Feb 25, 2021	IDA-63030	Loan Disb	312,300.00
May 11, 2021	IDA-63030	Loan Disb	199,459.34
May 11, 2021	IDA-63030	Loan Disb	124,275.01
Sep 23, 2019	IDA-63030	Loan Disb	2,000,000.00
Oct 6, 2020	IDA-63030	Int Charges	7,548.69
Oct 6, 2020	IDA-63030	Int Charges	7,548.69
Oct 6, 2020	IDA-63030	Int Charges	12,913.06
Nov 9, 2022	IDA-63030	Int Charges	30,271.46
Nov 9, 2022	IDA-63030	Int Charges	30,271.46
Nov 9, 2022	IDA-63030	Int Charges	43,069.40
Nov 1, 2022	IDA-63030	Loan Disb	303,420.00
Oct 5, 2021	IDA-63030	Int Charges	16,020.02
Oct 5, 2021	IDA-63030	Int Charges	16,020.02
Oct 5, 2021	IDA-63030	Int Charges	26,700.02
Oct 5, 2021	IDA-63030	Int Charges	688.47
Jun 1, 2022	IDA-63030	Loan Disb	115,219.83
May 6, 2022	IDA-63030	Loan Disb	187,535.66
Mar 24, 2022	IDA-63030	Loan Disb	151,710.00
Apr 6, 2022	IDA-63030	Int Charges	42,526.64
Apr 6, 2022	IDA-63030	Int Charges	25,310.65
Apr 6, 2022	IDA-63030	Int Charges	25,310.65
Jul 18, 2022	IDA-63030	Loan Disb	117,911.16
Jul 13, 2022	IDA-63030	Loan Disb	111,187.50
May 11, 2021	IDA-63030	Loan Disb	-199,419.38
May 14, 2021	IDA-63030	Loan Disb	93,766.24
Jun 28, 2021	IDA-63030	Loan Disb	199,459.36
Jul 8, 2021	IDA-63030	Loan Disb	3,172,114.00
Apr 1, 2021	IDA-63030	Int Charges	2.25
Apr 1, 2021	IDA-63030	Int Charges	2.25
Apr 16, 2021	IDA-63030	Int Charges	8,146.02
Apr 16, 2021	IDA-63030	Int Charges	8,146.02
Apr 16, 2021	IDA-63030	Int Charges	12,883.51
Dec 3, 2021	IDA-63030	Loan Disb	151,710.00
Oct 1, 2021	IDA-63030	Loan Disb	299,190.97
Aug 30, 2021	IDA-63030	Loan Disb	151,710.00
Sep 28, 2021	IDA-63030	Loan Disb	151,710.00
Oct 1, 2020	IDA-63030	Int Charges	198.86
Oct 1, 2020	IDA-63030	Int Charges	198.86
Sep 12, 2023	IDA-63030	Loan Disb	263,339.70
Sep 12, 2023	IDA-63030	Loan Disb	115,038.00
Sep 12, 2023	IDA-63030	Loan Disb	100,000.01
Jun 20, 2023	IDA-63030	Loan Disb	128,368.13
May 10, 2023	IDA-63030	Loan Disb	-128,661.78
Jun 7, 2023	IDA-63030	Loan Disb	151,710.00
Sep 28, 2023	IDA-63030	Loan Disb	1,216,714.80
Jun 6, 2023	IDA-63030	Loan Disb	877,556.56
Dec 20, 2023	IDA-63030	Loan Disb	123,502.04
Dec 13, 2023	IDA-63030	Loan Disb	130,587.72
Dec 26, 2023	IDA-63030	Loan Disb	115,038.00
Oct 1, 2022	IDA-63030	Int Charges	538.07
Oct 1, 2022	IDA-63030	Int Charges	538.07
May 3, 2023	IDA-63030	Loan Disb	200,000.00
May 5, 2023	IDA-63030	Int Charges	8,679.82
May 5, 2023	IDA-63030	Int Charges	48,172.12
May 5, 2023	IDA-63030	Int Charges	48,172.12
May 5, 2023	IDA-63030	Int Charges	79,189.17
Feb 15, 2023	IDA-63030	Loan Disb	115,219.83
Mar 14, 2023	IDA-63030	Loan Disb	730,473.80
Mar 14, 2023	IDA-63030	Loan Disb	125,919.05
Apr 1, 2022	IDA-63030	Int Charges	206.46
Apr 1, 2022	IDA-63030	Int Charges	206.46
Jan 5, 2022	IDA-63030	Loan Disb	299,191.00
Aug 16, 2022	IDA-63030	Loan Disb	4,158,137.00
Feb 14, 2022	IDA-63030	Loan Disb	121,933.87
Feb 9, 2022	IDA-63030	Loan Disb	115,219.83
Sep 30, 2022	IDA-63030	Loan Disb	425,851.00
Mar 6, 2024	IDA-63030	Loan Disb	246,730.08
May 3, 2024	IDA-63030	Loan Disb	194,835.40
May 28, 2024	IDA-63030	Loan Disb	-28,032.80
Mar 1, 2024	IDA-63030	Loan Disb	625,226.10
Apr 24, 2024	IDA-63030	Loan Disb	437,243.06
Jul 13, 2018	IDA-63030	Loan Commitment	20,000,000.00
May 21, 2024	IDA-63030	Loan Disb	-2,113.90
Apr 10, 2024	IDA-63030	Loan Repay	303,090.90

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Moderately Satisfactory	2023-06-21
Procurement	Satisfactory	2023-06-21
Project Management	Moderately Satisfactory	2023-06-21
Progress towards achievement of PDO	Moderately Satisfactory	2023-06-21
Overall Implementation Progress (IP)	Moderately Satisfactory	2023-06-21
Monitoring and Evaluation	Satisfactory	2023-06-21

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 01-31-2025
Outcomes	Satisfactory
Risk to Development Outcome
Bank Performance	Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-11-2025	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Power sector revenue allocated to sector entities through the Cash Waterfall Mechanism. Value 0.00 100.00 0.00
Date May 31, 2018 June 15, 2023 October 17, 2018
Comment

Strategy for competitive tendering of gas/LNG volumes for balancing gas supply and demand for power plants is adopted and communicated to stakeholders	Value	No	Yes	Yes
	Date	October 31, 2017	June 15, 2023	October 4, 2019
	Comment

Electrification strategy and investment plan for remote areas is adopted and communicated to stakeholders Value No No No
Date May 31, 2018 June 15, 2023 October 4, 2019
Comment
Clean Cooking strategy is adopted and communicated to stakeholders Value No No
Date May 31, 2018 June 15, 2023
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

No. of sector staff trained (male and female). Value 0.00 135.00 0.00
Date October 31, 2017 June 15, 2023 October 17, 2018
Comment
Communication capacity of GRIDCO’s Network Management System Value 80.00 80.00 0.00
Date June 15, 2022 June 15, 2023
Comment
NEDCo's distribution system plan updated. Value No Yes No
Date October 31, 2017 June 14, 2023 October 17, 2018
Comment
Gas supply and demand study completed Value No Yes No
Date October 31, 2017 June 15, 2023 October 17, 2018
Comment
Performance Improvement Plan (PIP) Guidelines for Energy Commission and PURC prepared Value No Yes
Date June 15, 2022 June 15, 2023
Comment
NEDCo's distribution specifications and construction standards approved. Value No Yes No
Date October 31, 2017 June 15, 2023 October 17, 2018
Comment
of which female. Value 0.00 31.00 0.00
Date October 31, 2017 June 15, 2023 October 17, 2018
Comment
Citizen engagement: Number of citizen engagement meetings held Value 0.00 1.00 0.00
Date October 31, 2017 June 15, 2023 October 17, 2018
Comment

Gender. The strategic assessment of electrification options outlines the impacts of different electrification strategies on women and women’s entrepreneurship\income generation.	Value	No	No	No
	Date	October 31, 2017	June 15, 2023	October 17, 2018
	Comment

Percentage of participants in citizen engagement meetings who consider their views have been taken into account. Value 0.00 0.00 0.00
Date October 31, 2017
Comment

Power sector revenue allocated to sector entities through the Cash Waterfall Mechanism.	Value	0.00	100.00	0.00
	Date	May 31, 2018	June 15, 2023	October 17, 2018
	Comment

Communication capacity of GRIDCO’s Network Management System	Value	80.00	80.00	0.00
	Date	June 15, 2022	June 15, 2023
	Comment

Gas supply and demand study completed	Value	No	Yes	No
	Date	October 31, 2017	June 15, 2023	October 17, 2018
	Comment

of which female.	Value	0.00	31.00	0.00
	Date	October 31, 2017	June 15, 2023	October 17, 2018
	Comment

Percentage of participants in citizen engagement meetings who consider their views have been taken into account.	Value	0.00	0.00	0.00
	Date	October 31, 2017
	Comment