World Bank approves $40m for Madagascar’s electricity sector
The World Bank has approved an International Development Association (IDA) credit of $40 million to improve Madagascar’s electricity sector governance and operations.
The Madagascar Electricity Sector Operations and Governance Improvement Project (EGOSIP) will help ensure full implementation of the Performance Improvement Plan of the national power utility, JIRAMA, that has been prepared in 2016, in particular, the organisational restructuring of the company.
This project will also finance the upgrade of JIRAMA’s dispatch centre and network automation systems and rehabilitation and reinforcement of distribution networks, in order to improve quality in electricity supply and allow the integration of variable renewable energy generation.
Published in ESI Africa, 18th June, 2018