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- Operations
- Second Rural Electrification Project (PERG 2)
Second Rural Electrification Project (PERG 2)
Morocco
Borrower | Morocco |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Energy |
Approved | 22.07.2015 |
Signed | 07.12.2015 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Office National de l'Électricité et de l'Eau Potable (ONEE) |
Co-financiers | ONEE |
OPEC Fund Contribution (US$m) | 70.00 |
Total Project Cost (US$m) | 85.00 |
This project will help provide around 19,000 rural, low-income households, spread across 49 provinces, with reliable electricity services. This will help stimulate job creation and boost productivity of the agriculture sector, and in turn reduce poverty.