The Federal Authorities in partnership with non-public sector buyers, commenced strikes to deploy 1,000 mini-grids to impress rural communities throughout the nation.

Deployment of mini-grids in rural areas is managed by the Federal Authorities’s Rural Electrification Company, because the company helps non-public sector mini-grid builders with funds to spice up off-grid electrical energy growth.

Talking on the Rural Electrification Fund Name-3 Bidders Workshop in Abuja on Wednesday, the Managing Director, REA, Ahmad Salihijo, introduced that over 1,000 mini-grids can be constructed nationwide beneath the REF programme and different off-grid initiatives.

He stated, “By way of the testimonies from the inauguration of varied REF tasks, together with REF Calls 1 and a pair of mini-grid tasks, we now have confirmed that renewable power know-how is sweet economics and in addition confirmed that enterprise fashions work.

“We subsequently have little question in regards to the capability of leveraging our off-grid renewable power potentials to remodel extra rural communities throughout the nation by means of the REF Name-3.

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“We anticipate that over 1,000 mini-grids will probably be constructed within the subsequent few years, in tandem with different REA programmes and initiatives, in addition to the just lately introduced intervention of the President to deploy 5 million solar-based connections throughout the nation by means of the Financial Sustainability Plan.”

Salihijo, who was represented by the company’s Govt Director, Company Companies, Olaniyi Alaba, informed bidders on the workshop that the REA was the implementing company for Nigeria’s Rural Electrification Technique and Implementation Plan.

He stated the REA would proceed to help off-grid developments and builders by creating an enabling atmosphere to facilitate investments in varied methods.

“This embody entry to information, coverage help, grants, capability growth, and so forth.

“The company’s position of offering power entry to thousands and thousands of Nigerians by means of renewable power is vital if we’re to ship the financial advantages that may spur rural financial progress and growth in Nigeria,” he said.

On the aim of the REF Name-3 Bidders Workshop, Salihijo stated it was to sensitise all shortlisted bidders on their eligibility and choice standards for enterprise and monetary fashions, technical specs, regulatory necessities and the timeline for submission of their proposals.

He stated, “REA continues to work to make sure that stakeholders not solely see the potentials of off-grid sector growth, however that in addition they want to take part, and within the course of strengthen their business positions.

“We are going to wish to reaffirm our dedication to proceed to maintain doing every little thing crucial that will help you – the builders, succeed. We additionally respect all of the bidders who’ve proven curiosity in supporting our mandate to deploy tasks within the rural areas in Nigeria.”