The RERED Project aims to expand the commercial provision and utilisation of renewable energy resources, with a focus on improving the quality of life in rural areas through the use of electricity as a means to further income generation and social service delivery. This leads to two major development objectives:
Provision of off-grid electricity services to invigorate the rural economy, empower the poor and improve their standard of living
Setting up of grid-connected investment projects to encourage competition in the power sector, provide capacity addition and diversity, and achieve greater sector efficiency and transparency.
These objectives translate into the following key indicators of performance for the Project:
135 MW of grid-connected electricity generation capacity addition through renewable energy resources
160,000 rural homes electrified through solar home systems and off-grid electricity connections to households through independent mini grids powered by village hydro, wind or bio mass
1,500 off-grid electricity connections to small and medium enterprises and public institutions
Measurable increases in socio-economic activity in Project areas and incomes of households gaining access to electricity
1.25 million tons of carbon dioxide emission avoided as a result of the Project
Increase in the number of energy service companies in operation from two at present to at least six by Project completion.