Argentina: Renewable Energies in the Rural Market (PERMER)
The PERMER (Proyecto de Energía Renovable en el Mercado Eléctrico Rural) is to supply modern energy based on renewable sources to dispersed rural populations. PERMER aims at providing electricity for lighting and social communication (radio and TV) to about 70,000 rural households and 1,100 provincial public service institutions through eight private concessionaires using mainly renewable energy systems.
Status: In Force
Funding Information: The estimated total costs of PERMER are US$120.5 million which will be financed by the Bank (US$30 million loan), the GEF (US$10 million grant), the Electricity Investment Development Fund FEDEI (US$26.5 million subsidy to customers), the concessionaires (US$44 million) and the customers (US$10 million), over an implementation period of six years (GEF, 1998a).
References: World Bank,
http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2002/05/17...
http://wbln0018.worldbank.org/external/lac/lac.nsf/265a7fff47916d7d85256...