|Approval Date||18 Dec 2013|
|Signature Date||25 Apr 2014|
|Planned Completion Date||30 Jun 2019|
|Last Disbursement Planned Date||30 Jun 2019|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The present project seeks to provide technical assistance to assist the Millennium Challenge Corporation (MCC) Secretariat to prepare bankable project proposals for energy, water and sanitation infrastructure development and policy and institutional reforms to aid the diversification of the country's sources of growth, for possible funding by the MCC. This support follows the U.S. Government's recent announcement of Sierra Leone's eligibility for the MCC mechanism, which could allow the country to benefit from $ 600 million of the Compact Grant for economic growth and poverty reduction stimulating projects. The project will have two interrelated components which are the following: Component 1 - Establishment of an Energy Resource Planning Unit (ERPU) within the Ministry of Energy (MoE): This component is aimed at providing technical assistance for the establishment of an Energy Resource Planning Unit within the MoE. Component 2 - Support for the MCC Compact Development and Submission Processes: The objective of this component is to support the Government of Sierra Leone (GoSL) to prepare bankable project proposals to finance energy, water and sanitation, and policy and institutional reforms for rapid economic growth and poverty reduction, for possible funding by the Millennium Challenge Corporation.
The overall goal of the project is to strengthen the Ministry of Energy's institutional capacity and provide supplementary support for developing compact development proposals in line with MCC's Compact Grant eligibility qualification that GoSL recently attained.
The establishment of the ERPU will directly benefit the Ministry of Energy, the National Power Authority (NPA), Sierra Leone's Electricity Generation and Transmission Company, and Sierra Leone's Distribution and Supply Company. The project will also benefit private sector establishments or firms operating in the extractive industries, telecommunications, commerce, tourism, agro-processing and other sectors of the economy that will gain access to increased, reliable, and cost-efficient power supply. In the long term, the project will benefit all Sierra Leoneans through improved access to energy for the delivery of such basic social services as education and health as well as for domestic use.
Fragile States Facility
Ministry of Energy and Water Resources
|Last Update||21 Jan 2021|