REA-NEP Signs PBG Agreements With Developers

The Performance Based Grant (PBG) sub-component of the Solar Hybrid mini grid under the Nigeria Electrification Project (NEP) aims for the development of mini grids on a rolling basis by supporting private sectors to develop mini grids in unserved areas across Nigeria. The programme targets to electrify 300,000 households and 30,000 local enterprises.

REA-NEP recently signed new agreements with Nayo Tropical a high-tech renewable energy Company and Prado Power Limited. Nayo Tropical is to provide access to clean, safe, reliable and affordable electricity in Bokani and Sahon Rijiya Communities, while Prado Power is to provide same services at Lafian-Kpada, Aninigi, Ishahu, Amale, as well as Mai Jaki Communities all in Niger State.

The PBG now has 12 Developers with signed agreements and 87 sites with grant agreements as a sub-component under the Nigeria Electrification Project (NEP). Other sub-components of the Solar Hybrid Mini-grid include;

Minimum Subsidy Tender (MST) aims to electrify pre-selected communities that have high economic growth potential through a competitive tender. The communities to be electrified under the MST are identified, verified as suitable for mini-grids, and sensitized by the REA/NEP. The grant amount will be determined competitively through the tender

COVID-19 & Beyond an initiative that will provide power supply for equipment (ventilators, cooling systems, etc.) used for testing and treating COVID-19 related cases in 100 Isolation/treatment centers and 400 Primary Health Centers.

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