Geothermal Exploratory Drilling Project (GEDP)

PROJECT SNAPSHOT

GENERAL INFORMATION

TitleGeothermal Exploratory Drilling Project (GEDP)

Project id

XSREAM034A

Country

Armenia

RegionEurope & Central Asia

Program

Scaling Up Renewable Energy Program in Low Income Countries (SREP)

Programming Type IP

Status

Closed

FINANCING

Approved Amount (USD MILLION)

8.55

FINANCIAL PRODUCT (USD MILLION)

Grant : 6.3

CIF Funding

6.3

Co financing

108.6

Committee approval date

03/03/2015

MDB approval date

06/08/2015

Closure Date

08/28/2019

MDB / IMPLEMENTING PARTIES

International Bank for Reconstruction and Development

SECTOR TYPE

Public Sector

DOCUMENTS

Document Links

Cover Page

Project Document

Decision Document

More Information

Switzerland (February 4, 2015)
IBRD Response to Switzerland (February 6, 2015)
United Kingdom (July 8, 2015)
United Kingdom (July 15, 2015)

PROJECT FINANCING

APPROVED CIF FUNDING

$6.3M

EXPECTED CO-FUNDING

$108.6M

SOURCES OF EXPECTED CO-FINANCING

Government

8% (8.6M)

Private Sector

92% (100M)

Source	Data
Government	8% (8.6M)
Private Sector	92% (100M)

Data as of December 31, 2023

THIS PROJECT CONTRIBUTES TO THE FOLLOWING SUSTAINABLE DEVELOPMENT GOALS (SDGS):

IMPLEMENTING PARTNERS

News Spotlight

News

Energy Access in Armenia: Incentivizing the move to clean power among SMEs

Apr 10, 2025