Common use of Summary of Project and Activities Clause in Contracts

Summary of Project and Activities. Two-thirds of Benin’s population does not have access to electricity. Many of these people are in rural areas where expansion of the existing grid is unlikely in the near or medium-term. The Objective of this Project is to increase access to electricity and thereby (A) increase the hours of operation for businesses and public and social services, (B) reduce reliance on costlier sources of energy, (C) reduce losses of products and perishable goods, and (D) improve productivity for users of electricity (the “Off-Grid Electricity Access Project Objective”). To accomplish the Off-Grid Electricity Access Project Objective, MCC Funding will provide financing for off-grid electrification, including institutional and household-level solar PV systems and mini-grid systems, and energy efficiency activities nationwide by providing funding through a grant facility, together with necessary funding for policy and institutional strengthening to support the entire off-grid power sector in Benin.