[Namibia] Financial Advisor for National Electrification Fund Tender, Namibia - 114148979

Procurement Summary

Country : Namibia

Summary : [Namibia] Financial Advisor for National Electrification Fund

Deadline : 10 Feb 2025

Other Information

Notice Type : Tender

TOT Ref.No.: 114148979

Document Ref. No. : 0002013261

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

Country contextApproximately half of all households in Namibia do not yet have access to modern and affordable electricity services. These households are predominately lower-income households located in peri-urban and rural areas. Due to the unique geographic and demographic characteristics of Namibia, expanding electricity access to more remote and lower-population density areas increases the electricity infrastructure costs while ability to pay for service diminishes, resulting in increasing difficulties for existing electricity service providers to recover the cost of investments in electrification expansion.In 2022, the National Electrification Policy (NELP) was approved, articulating Government of the Republic of Namibia (GRN) support for electrification expansion and confirming the goal of achieving universal access to electricity by employing a combination of grid and off-grid technology solutions to power households and businesses. The results from 2022 geospatial least cost electrification plan (GLCEP) study indicated that achieving universal access by 2030 will require providing electricity services to approximately 432, 000 existing and future households, of which approximately 80% will be connected via a grid densification or grid expansion method, while the remaining 20% will need to be accommodated via off-grid solutions. This program of grid and off-grid investment was estimated to come at an approximate cost of N$ 13.4 billion. However, due to multiple challenges to electrification access including financing, human resource and limitations of off-grid service provider capacity, among others, this original target was not achievable, and MME has extended the universal access target to achieved by 2040 with a mix of grid expansion and off-grid technologies. The National Electrification Funding Portfolio (NELFP) provides a well-defined structure through which conventional electrification projects can be financed by the GRN with contributions from general ...

Documents

 Tender Notice