Financing Source: Minimum Subsidy Tender (MST)

chevron_left Back to Financing Sources Database

Last edited on 13/03/2023 by Kimberly Fahsold
(Date format: DD/MM/YYYY)

Key facts

Total of US$70 million dollar assigned. The MST componment is implemented in two phases. Electrification of pre-selected communities (identified by REA/NEP). In first phase the communities will be packaged into lots, by state. The remaining sites will be tendered in the second phase. The grant amount will be determined competitively through the tender. The disbursement of the grant will be done upon verification that customers have been successfully connected to the network and have been provided satisfactory service. Under the NEP, channeled by REA

Type of financing

• Grant

Technology scope

• Minigrid

Target beneficiaries

SME

Geographical scope

By REA/NEP pre-selected communities with high economic growth potential though a competitive tender -> 100+ sites across: Abia, Anambra, Bauchi, Cross River, Kano, Niger, Ondo, Ogun, Plateau and Sokoto states

Application

Application window

URL

https://nep.rea.gov.ng/solar-hybrid-minigrid/

Further information