Untitled Document

IDB rural electrification program could include hydroelectric power

Panama

The Inter-American Development Bank has approved a US$20 million loan to Panama that could include hydroelectric power as part of an effort to electrify rural parts of the country.

The IDB said the program "will promote public and private investment to provide service for more than 10,000 rural households, located mostly in very poor remote areas", increasing power coverage to about 81% of the country's rural population by 2018.

The program will offer incentives for grid-extension and off-grid systems, as well as improving the government's institutional capacity for the formulation, execution, oversight and evaluation of rural electrification projects.

A similar IDB program provided $30 million for rural electrification in 2006.

For more news from Latin America, visit here.

Related Articles

Pakistani officials oppose proposed interest rate hike for 969-MW Neelum Jhelum hydropower plant

Pakistani Prime Minister Nawaz Sharif and his cabinet have refused Chinese demands for highe...

A Positive Outlook for Hydropower

As diverse as the globe itself, the world of hydropower development is a heterogeneous one, ...

Pakistan state seeks bids to build 48-MW Jaggran 2 hydro project

Pakistan's Azad-Jammu-Kashmir State (AJK) seeks bids to build the 48-MW Jaggran 2 hydroelect...

Viewpoint: Securing Skills and Experience: The Route to Commercial Success for MHK

News that Atlantis Resources has struck a deal with Siemens to acquire the entire share capi...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
05/01/2015
Volume 23, Issue 3

Buyers Guide Products

Buyers Guide Companies