The Caribbean Development Bank (CDB) has announced that it will provide US$16 million in funding to Dominica Electricity Services Limited (DOMLEC), to assist with the restoration of electricity generation services.
On March 22, 2018, the Bank’s Board of Directors approved the provision of a loan of US$15.8 mn and a grant of US$200,000 to restore DOMLEC’s transmission and distribution system, and improve the company’s resilience to climate change.
Dominica’s electricity sector was severely affected by the passage of Hurricane Maria in September 2017, with approximately 75 percent of the network being destroyed or damaged. As at January 2018, less than 20 percent of electricity services had been restored.
“In the immediate aftermath of Hurricane Maria, Dominica was completely without electricity services. We know that the provision of electricity is critical to the social and economic wellbeing of citizens and residents of the island. DOMLEC has been working diligently to restore service to the island and this project aims to support those efforts, and accelerate the pace of reconstruction,” said Daniel Best, Director of Projects, CDB.
