| Abstract
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This project aimed to increase the flow of private investment in small and medium hydropower plants through the creation of a Power Development Fund (PDF), which provides provide long term financing to private investors, leveraging debt (and developer’s equity) financing from the local capital markets. The project also aimed to reduce costs of new plants by implementing improved international competitive tendering processes.
- Barriers: Lack of long term financing and availability of equity
- Instrument: Project loan
- Application: n/a
- Amount: Original IDA fund of US$35 million
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