September 2, 2021
On August 18, 2021, the Japan International Cooperation Agency (JICA) signed a loan agreement with La Administración Nacional de Electricidad (The National Electricity Administration) in Asunción to provide a Japanese ODA loan of up to 9,294 million yen for the Project for Improving Efficiency of the National Electric Power System. This is a joint co-financing project with the Inter-American Development Bank (IDB) based on the cooperation framework for economic recovery and social inclusion.
The objective of the Project is to provide a stable and efficient power supply to the metropolitan area of Asunción by constructing a 500kV transmission line as well as to promote energy conservation by installing energy efficient equipment for public facilities. This will contribute to an efficient electric power system and sustainable economic development of the country. This project will contribute to the achievement of SDGs Goals 7 and 13.
Details of the project are provided below.
1. Terms and Amount of Loan
|Annual interest rate (%)||Repayment
|Project for Improving Efficiency of the National Electric Power System||9,294||Transmission line 1.35 Energy efficient equipment 1.15||N/A||30||10||IDB untied*|
*Eligible source countries are limited to IDB member states.
2. Executing Agency
La Administración Nacional de Electricidad
Address: Avda. España 1268, Casi Padre Cardozo, Asunción, Paraguay
3. Planned Implementation Schedule
(1) Completion of project: December 2026 – when the energy efficient equipment is implemented
(2) Issuing of letters of invitation for consulting services (including detailed design work): March 2022
(3) Tender announcement of the initial procurement package for international competitive bidding for the project construction:
Procurement package title: Energy efficient equipment
Release date: November 2021