Comoros - Energy Sector Support Project (PASEC) - Supplementary Financing — Comoros

Overview

The present intervention relates to additional funding for the Energy Sector Support Project. It falls directly in line with the actions taken by the Union of the Comoros to improve performance and promote energy sector development. It consist of three main thrusts, namely: (i) support for rehabilitation and technical implementation; (ii) energy mix; and (iii) capacity building. It implementation will help address the failures observed in the electricity sector through increased production capacity, reduced levels of technical and commercial losses and energy sector capacity building. Its realization of this project, planned to last 38 months, is also a major stride towards providing the Union of the Comoros with the studies required to tap its renewable energy potential, thereby laying the groundwork for green growth in a fragile State. The project comprises three components, namely: (i) support for rehabilitation and technical implementation; (ii) institutional support; and (iii) project management.