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Mali - Energy Support Project : restructuring (English)

The development objective of the Energy Support Project for Mali is to improve the access and efficiency of electricity services in Bamako and in other targeted areas of the country. The restructuring will extend the closing date by fifteen (15) months, from September 30, 2014 until December 31, 2015. This will be the first closing date extension for this project. The length of the extension reflects: 1) a revised implementation schedule and recent progress in project implementation, and 2) a revised scope of activity reducing the risks of delays. The restructuring will drop investment activities currently in components one and two, revise downward the cost of other activities and introduce a few new activities. The overall net impact of the changes is the reduction of total project costs from US$120 million to US$ 95 million. Consequently, an amount of US$25 million will be canceled from the credit. Also, the restructuring does not involve a change in safeguard category or trigger a safeguard policy not triggered originally by the project. Overall, the restructuring is expected to substantially simplify project implementation.

Details

  • Document Date

    2013/07/15

  • Report Number

    RES10850

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Mali,

  • Region

    Africa,

  • Disclosure Date

    2013/09/25

  • Disclosure Status

    Disclosed

  • Doc Name

    Mali - Energy Support Project : restructuring

  • Keywords

    economic and financial analysis;water and electricity;generation loss;preparation of bidding documents;transmission and distribution network;efficiency of electricity;distribution and transmission;environmental analysis;engine fuel price;Access to Electricity;Special Drawing Right;energy sector strategy;reallocation of fund;kv transmission line;high voltage transmission;analysis of alternatives;project costing;peak demand;Proposed Investment;fuel saving;public lighting;distribution loss;disbursement rate;political events;credit proceeds;promotional campaign;loss reduction;fiduciary responsibility;positive externality;distribution line;flow modeling;solar lamps;credit closing;result indicator;project ratings;peak load;procurement assistance;generation cost;political situation;street light;thermal generation;allocated cost;demand growth;transmission grid;electricity sector;cost benefit;future investment;public building;electricity distribution;financing plan;investment cost;efficient lamp;transmission loss;procurement capacity;external assistance;contract negotiation;potential bidder;fiduciary safeguard;electricity consumer;interconnected grid;target indicator;satisfactory status;diesel component;total credit;results framework;fuel cost;safeguard issue;stakeholder consultation;Financing plans;net impact;security situation;currency allocation;utility company;electricity tariff;adequate safeguard;investment loan;change management;safeguard policy;Safeguard Policies;electricity utilities;

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COMPLETE REPORT

Official version of document (may contain signatures, etc)

Citation

Mali - Energy Support Project : restructuring (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/298401468049758407/Mali-Energy-Support-Project-restructuring