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- Program to Improve the National Distribution Systems (Loan 2)
Program to Improve the National Distribution Systems (Loan 2)
Dominican Republic
Borrower | Dominican Republic |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Energy |
Approved | 28.02.2022 |
Signed | 25.04.2024 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | EDEESTE-EDENORTE (EA) |
Co-financiers | IADB, Government |
OPEC Fund Contribution (US$m) | 60.00 |
Total Project Cost (US$m) | 295.00 |
To reduce electricity distribution losses and improve the efficiency of electrical infrastructure through the construction of substations and distribution networks in the north and east of the country. The program will also carry out institutional strengthening and community outreach activities.