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The OPEC Fund
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  1. Operations
  2. Electricity Distribution Rehabilitation and Loss Reduction Program Phase III

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Electricity Distribution Rehabilitation and Loss Reduction Program Phase III

Dominican Republic

Borrower Dominican Republic
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 19.03.2018
Signed 20.12.2018
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency Corporacion Dominicana de Empresas Electricas Estatales (CDEEE)
Co-financiers CAF, Government
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.

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