Announcement of 3rd and final RfP round under the GET FiT Premium Payment Mechanism

The GET FiT Secretariat wishes to inform interested developers that it is the intention of GoU and KfW to carry out a third and final request for proposals (RfP) regarding qualification for the GET FiT Premium Payment Mechanism in Q4 2014. The program continues to target up to 185 MW of clean renewable energy for the Ugandan National grid. The third RFP will generally follow the same procedures as the first two RFPs and will apply the same scoring criteria.

 

As this is expected to be the final RfP, project developers are strongly encouraged to start and expedite project preparations as soon as possible. Developers are also encouraged to contact the GET FiT Secretariat regarding guidance on specific questions or concerns.

 

It is emphasized that the guiding framework for the Environmental and Social appraisal criteria are the IFC Performance Standards (IFC PS). Experience from the first two RFPs has demonstrated an urgent need to lift the overall competence and understanding concerning these standards among the developer community in Uganda. As the last RfP round will be the most competitive so far, it is highly advisable to put considerable efforts into achieving IFC PS compliance.

Recent:

The GET FiT Secretariat is pleased to announce  a one-day workshop concerning IFC Environmental and Social Performance standards on Monday June 9th in Kampala. The primary objective of this workshop is to clarify expectations in regards to IFC PS under the GET FiT Premium Payment Mechanism. This workshop will be conducted by the Environmental and Social staff responsible for the actual GET FiT appraisals.

 

This event will be free of charge and by invitation only. The workshop is solely targeting developers who verifiably intend to apply for the third GET FiT RfP round. As a minimum requirement, interested developers must have applied for a permit for feasibility studies with ERA. In case of questions, please contact the GET FiT Secretariat for more information. Deadline for registration is May 23rd. Space is limited.

The Ugandan Energy Credit Capitalization Company (UECCC) is organizing a kickoff meeting for its Early Stage Transaction Advisory Services facility next Tuesday on April 1st, 2014 in Kampala. 

 

These Early Stage Transaction Advisory Services will support up to 15 eligible RE projects in various fields of project development. For more information, please click here or contact Brian D´Ujanga at UECCC under bdujanga@ueccc.or.ug.

The World Bank has published the Project Information Document (PID) on their IDA Partial Risk Guarantee offering under the GET FiT Uganda program.

 

For information on available guarantee components and implementation schedules, please download the PID document here.

The Standardized PPA under the GET FiT program has been published by UETCL after approval through the relavant authorities. By streamlining the power purchase agreements, transaction costs for developers under the REFiT will be significantly reduced, offtaker and regulatory risk mitigated and, hence, privat investment incentivized.

 

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