Off-Grid Market Development Fund (Ngwee Ngwee Fund)

Off-Grid Market Development Fund (Ngwee Ngwee Fund)

Details

Request for Expression of Interest for Shortlisting of Companies as Participating Organizations for Ngwee Ngwee Fund

 

Government of Malawi (GoM) has prioritized the development of the energy sector as an enabler to the achievement of Malawi 2063 and to accelerate access to reliable energy for socio-economic development of the country. To help the GoM to achieve the access target, the World Bank has provided financing for the implementation of the Malawi Electricity Access Project (MEAP) with the objective to increase access to electricity from 18% to 30% of the population in Malawi. MEAP is implemented by both the Ministry of Energy (MoE) and ESCOM. The MoE is specifically responsible of establishing and operating an Off-Grid Market Development Fund (OGMDF) or the Ngwee Ngwee Fund, which is to drive the urgent need to provide energy access and to scale up the off-grid market.

 

Request for Expression of Interest (REoI) are hereby invited from private entities/social enterprises for shortlisting as Participating Organizations (“POs”) of Ngwee Ngwee Fund. Interested organizations are requested to download a complete application package from MoE website www.energy.gov.mw or IDCOL website www.idcol.org. Companies may also request for complete application package by sending an email in the below mentioned address. The completed application package along with the required attachment should be submitted by email on or before 06 December 2022, to advisory@idcol.org with a printed copy delivered to the office of Fund Manager by 4.00 pm Central Africa Time at Golden Peacock House, Level-2, Room no. 217-219, City Center, Lilongwe, Malawi.

 

Applications will be evaluated on the basis of the eligibility criteria for POs detailed in the REoI. Following this invitation for Expression of Interest, a shortlist of qualified companies will be formally invited to submit loan and grant applications and detailed business plans. Only those companies which have been shortlisted will receive a notification.

Specialization

Geographical Scope

Business stage

Deadline Status Accepting Applications

2022-12-06

Contact

Email: advisory@idcol.org

Last Update

Status: Application Closed