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Access and Renewable Increase for Sustainable Energy Project

Abstract*

The proposed Project will contribute to the achievement of the GoFSM’s energy sector goals by expanding (providing new or improved) access to electricity service, increasing renewable energy generation, and enhancing capacity of energy related entities in the four states of FSM. The Project will fund construction of mini grids, rehabilitation (including resilience enhancement) of distribution networks, integration of solar PV systems, technical assistance...

* 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 Project development objective is (i) to increase access to electricity, (ii) improve the reliability of electricity service, and (iii) increase renewable energy generation in targeted Project areas.

Key Details

Project Details

  • P181253

  • Active

  • Alain Ouedraogo

  • Federated States of Micronesia

  • US$ 40.00 million

  • Department of Resources and Development (DoR&D)

  • East Asia and Pacific

  • 2025

  • US$ 42.00 million

  • N/A

  • June 28, 2023

  • February 27, 2031

  • TBD

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 42.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 42.00
IBRD + IDA Commitment 42.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 40.00

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

No data available.