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Pacific Renewable Energy Program: Report and Recommendation of the President

Reports and Recommendations of the President | March 2019

The program will provide a financing structure to support the power payment obligations of power utilities where governments are unable to guarantee a utility’s offtake obligations under power purchase agreements (PPAs) due to fiscal constraints.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated March 2019 is provided for the ADB regional project 52329-001.