Zambia launches consultancy tender for the implementation of REFiT program

The National Pension Scheme Authority of Zambia (NAPSA) through the Ministry of National Development Planning of Zambia has received financing from the Africa Development Bank (AfDB) and the Green Climate Fund (GCF) under the Zambia Renewable Energy Financing Framework - Technical Assistance and intends to apply part of the proceeds for the grant to recruit a Consulting Firm for Investment/Transaction Advisory Services. 

The Zambia Renewable Energy Financing Framework program aims to assist the Government of the Republic of Zambia (GRZ) in the implementation of its Renewable Energy Feed-in-Tariff (REFiT). The Technical Assistance (TA) aims at improving the conditions for renewable energy development and the participation of private investors in the energy sector. As part of this Technical Assistance, the capacity of NAPSA will be built for its enhanced understanding of renewable energy and infrastructure financing, renewable energy project screening, due diligence, and monitoring.

This aims to:

• assist NAPSA to create an internal enabling environment and system for investments in the mini-grid and off-grid sector; and
• build capacity for NAPSA in Renewable Energy (RE) and project finance.

NAPSA targets to kick-start investment in the renewable energy sector in line with its revised investment guidelines and strategy that promotes financing of the country’s key infrastructure projects. Against this background, NAPSA wishes to recruit a Consulting Firm to provide an Investment and Transaction Advisory Services.

The purpose of this TA is to enable the crowding-in and sustained participation from NAPSA, by supporting their first investments in renewable energy and building their capacity for longer-term involvement in RE financing.

The deadline for the submission of interest is on July 10, 2020.

The tender documents can be accessed on our business opportunity page here.