The GEDAP is a $140 million IDA, GEF and ACGF co-financed operation. Approved by both the Bank's Board of Executive Directors and the Africa Regional Vice-President, the Project was made effective on December 6, 2007. The project is designed to improve the operational efficiency of the electricity distribution system, increase the population's access to electricity; and help transition Ghana to a low-carbon economy through the reduction of greenhouse gas emissions over a five-year implementation period.

Ghana qualifies for ACGF support since: (a) it has demonstrated its commitment to improve economic governance; (b) the project addresses a binding constraint to economic growth (energy sector); and (c) the presence of ACGF will help to crowd in other resources (donor and other private sector) to break this constraint to growth.

The total estimated project cost is about US$210.6 million, of which US$194.0 million will support investments in physical infrastructure and US$16.6 million will be technical assistance and training. The financing plan for the project includes financing from ACGF, GEF, AfDB, the Swiss Government, GPOBA, the Government and ECG.