- Electricity Distribution Rehabilitation and Loss Reduction Program Phase III
Electricity Distribution Rehabilitation and Loss Reduction Program Phase III
|Financing Type||Public Sector|
|Loan Administrator||OPEC Fund|
|Executing Agency||Corporacion Dominicana de Empresas Electricas Estatales (CDEEE)|
|OPEC Fund Contribution (US$m)||75.00|
|Total Project Cost (US$m)||165.00|
To rehabilitate high-priority circuits across the country and install around 1,050 km of distribution networks with the view of reaching 607,500 users. The program also contains a component to strengthen the commercial management of electricity to reduce losses and boost revenues. Phases I and II were also co-financed by OFID with US$90 million in funding.