{"id":2698,"date":"2019-11-01T17:52:32","date_gmt":"2019-11-01T17:52:32","guid":{"rendered":"https:\/\/www.africa-press.com\/gambia\/?p=2698"},"modified":"2019-11-01T17:52:32","modified_gmt":"2019-11-01T17:52:32","slug":"cabinet-discuss-financing-of-e129-5-million-electricity-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project","title":{"rendered":"Cabinet Discuss Financing Of \u20ac129.5 Million Electricity Project"},"content":{"rendered":"
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His Excellency, President Adama Barrow on Thursday, 31st October 2019 presided over the 8th Cabinet at the State House in Banjul.\u00a0\u00a0The following issues were discussed:<\/h1>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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I.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Cabinet discussed a Cabinet Paper presented by the Minister of Finance and Economic Affairs on a loan agreement between the government of The Gambia, through the National Water and Electricity Company, and the European Investment Bank for the financing of The Gambia Electricity Restoration and Modernization Project (Renewable Energy Project lasting for five years). The energy project will contribute to the enhancement and improvement of the Gambia\u2019s electricity network, which is a key part of the National Development Plan.<\/p>\n

The total cost of the project is \u20ac129,510,000 [129.51 million euros or 7300 million dalasi], out of which \u20ac57,000,000 (57 million euros) is credit and the remaining \u20ac72,570,000 (72.57 million euros)comprised the grant component. The sum of \u20ac36,000,000 (36 million euros) of the grant will be co-financed by the World Bank.<\/p>\n

The main aims and objectives of the project include to:<\/p>\n

a)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Increase the generation capacity through an on-grid utility-scale e.g. solar energy (up to 20MW)<\/p>\n

b)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Increase the transmission and distribution of energy<\/p>\n

c)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Provide institutional support for the electricity sector<\/p>\n

d)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Attain technical support for the implementation and installation of an on-grid and off-grid PV\/battery systems<\/p>\n

SCOPE OF THE PROJECT:<\/b>\u00a0\u00a0A total 1000 schools and 100 health centers across the country will benefit from the project.<\/p>\n

II.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Minister of Environment, Climate Change, and Natural Resources presented the second Cabinet paper and it was focused on the ratification of the Kigali amendment to the Montreal Protocol, which is aimed at phasing down the consumption and production of hydrofluorocarbons (HCF\u2019s). The ratification will contribute to the protection of the ozone layer, and the elimination of ozone-depleting substances in The Gambia. Following the ratification, The Gambia will be able to access financial support, adopt new alternative technologies in protecting the ozone layer, and regular water quality testing to improve quality.<\/p>\n

III.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0CENTRALISATION OF THE CIVIL SERVICE OVERSEAS TRAINING BUDGET<\/p>\n

Cabinet was requested to consider and approve the centralization of the overseas short and long term training budget with the Personnel Management Office.<\/p>\n

Cabinet resolved to set up a committee, which will be chaired by the Office of the Secretary General, to set the priorities and criteria for training in the civil service. The decision will go a long way to incentivize and augment the capacity and quality of the civil service.<\/p>\n

Office of the President Press Release<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

His Excellency, President Adama Barrow on Thursday, 31st October 2019 presided over the 8th Cabinet at the State House in Banjul.\u00a0\u00a0The following issues were discussed: I.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Cabinet discussed a Cabinet Paper presented by the Minister of Finance and Economic Affairs on a loan agreement between the government of The Gambia, through the National Water and […]<\/p>\n","protected":false},"author":64,"featured_media":2699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[1617,102,1065,49],"class_list":["post-2698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-cabinet-discuss-financing","tag-excellency","tag-gambia-news-everyday"],"yoast_head":"\nCabinet Discuss Financing Of \u20ac129.5 Million Electricity Project - Gambia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet Discuss Financing Of \u20ac129.5 Million Electricity Project\" \/>\n<meta property=\"og:description\" content=\"His Excellency, President Adama Barrow on Thursday, 31st October 2019 presided over the 8th Cabinet at the State House in Banjul.\u00a0\u00a0The following issues were discussed: I.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Cabinet discussed a Cabinet Paper presented by the Minister of Finance and Economic Affairs on a loan agreement between the government of The Gambia, through the National Water and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-01T17:52:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/2019\/11\/electricity-project-696x464.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"adama\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adama\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\"},\"author\":{\"name\":\"adama\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/a7488a69bb91ed4cb95c78165665a7c2\"},\"headline\":\"Cabinet Discuss Financing Of \u20ac129.5 Million Electricity Project\",\"datePublished\":\"2019-11-01T17:52:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\"},\"wordCount\":414,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/2019\/11\/electricity-project-696x464.jpg\",\"keywords\":[\"Cabinet Discuss Financing\",\"Excellency\",\"gambia news everyday\",\"President Adama Barrow\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cabinet-discuss-financing-of-e129-5-million-electricity-project\",\"name\":\"Cabinet Discuss Financing Of \u20ac129.5 Million Electricity Project - 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