Haiti: WB Approves US$5 Million Grant for Electricity ServicesPublished: Wed, 09 Sep 2009 18:27:49 GMTWASHINGTON, September 8, 2009 – The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti (EDH), the public electricity utility. The additional financing will support the objectives of the Electricity Loss Reduction Project, originally supported by a US$6 million World Bank grant approved in August 2006, which sought to lay the foundation for improving electricity services and enhancing revenue collection in urban centers. “This project will contribute to providing better and more reliable electricity services to Haitian communities,” said Eustache Ouayoro, World Bank Country Manager for Haiti. “In addition, it will finance a program of technical assistance to support the sustainability of the improvements.” The objective of the additional financing is threefold: Improve the management of the utility by providing a two-year program of technical assistance to EDH; Finance cost overruns for the commercial, technical management and remote metering systems procured under the original project, and Help strengthen the capacity of the Ministry of Public Works to oversee the energy sector and cover additional project management costs. The Bank’s grant financing is an integral part of a multi-donor coordinated strategy of support to the energy sector. This project was made possible by an International Development Association (IDA)-funded grant of US$5 million and a contribution of EDH in the amount of US$830,000. #### All news articles and audio video media productions courtesy of BBiTV and/or its network channel stations affiliates/newsfeeds. BBiTV is the premier worldwide global destination site on the internet for humanitarian, charity and philanthropy activity, media, news, entertainment and information updates and archives, and soon to offer via the world wide web full interactive chat applications and a social networking platform for humanitarians and philanthropists in the field and at home as well as a transparent donation facility for direct contributions to all manner of charitable organizations and humanitarian foundations. Copyright IllumAlliance Humanitarian Group, LLC 2008-2009. All Rights Reserved.
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