Promoting the Use of Renewable Energy Resources for Local Energy Supply
Project Summary
Promotes investments in small hydro power based on IPP/PPA frameworks and also promotes geothermal energy for municipal hot water supplies based on municipal government investment and operation. Project $12.85 m.; GEF $4.3 m.
Project Details
| GEF Project ID | 1137 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Georgia |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Government of Georgia |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2003 |
Financials
| Project Preparation Grant Amount | 211,500 USD |
| GEF Project Grant | 4,300,000 USD |
| Co-financing Total | 9,330,000 USD |
| GEF Agency Fees | 382,000 USD |
| Total Cost | 13,841,500.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
23 Jul 1998
Concept Approved
01 Oct 2002
Project Approved for Implementation
10 Feb 2004
Project closed
24 Jun 2014