GAF-RE is structured to provide financing for private investors investing in Renewable Energy Projects. Disbursement of loans is limited to the available funds within the framework of the Programme on Development of Renewable Energies (Phase IV and V).
For the first project of the Evaluation List that meets the eligibility criteria and presents full set of requested documents (including complete Detailed Design), the Consultant will prepare a Technical Assessment. Only three Technical Assessments are carried out at a time.
If the submitted documentation, detail design, business plan, etc. turn out to show major deficiencies during the Technical Assessment process, these deficiencies will be communicated to the Investors (Owners), who will need to rectify the deficiencies. If there is another eligible project in the Evaluation List that meets the requirements, a Technical Assessment will be started for that project instead.
Following Projects will be evaluated after completion of the Technical Assessment of the previous project.
Applications will be accepted until the available funds are used up.
The below table shows the present status of projects already registered under the GAF-RE Programme.
Projects are separated by the criteria: