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Financing Source: Minimum Subsidy Tender (MST)
From energypedia
Last edited on 15/03/2023 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
Nigeria
Application
Rolling basis
URL
Further information
