NATIONAL PENSION SCHEME AUTHORITY

Zambia Renewable Energy Financing Framework

NAPSA/DI/IC/01/19: REQUEST FOR EXPRESSIONS OF INTEREST

INVESTMENT AND TRANSACTION ADVISOR

FOR

ZAMBIA RENEWABLE ENERGY FINANCING FRAMEWORK

Project ID No/Grant No. G-ZM-FZ0-PRE-001 / ML 0024

The National Pension Scheme Authority of Zambia (NAPSA) through the Ministry of National Development Planning has received financing from the Africa Development Bank (AfDB) and the Green Climate Fund (GCF) under the Zambia Renewable Energy Financing Framework – Technical Assistance, and intends to apply part of the proceeds for the grant to recruit a Consulting Firm for Investment/Transaction Advisory Services.

The Zambia Renewable Energy Financing Framework program aims to assist the Government of the Republic of Zambia (GRZ) in the implementation of its Renewable Energy Feed-in-Tariff (REFiT). The Technical Assistance (TA) aims at improving the conditions for renewable energy development and participation of private investors in the energy sector. As part of this Technical Assistance, the capacity of NAPSA will be built for its enhanced understanding on renewable energy and infrastructure financing, renewable energy project screening, due diligence, and monitoring.

This aims to :

  1. assist NAPSA to create an internal enabling environment and system for investments in the mini-grid and off-grid sector ; and
  2. build capacity for NAPSA in Renewable Energy (RE) and project finance.

NAPSA targets to kick-start investment in the renewable energy sector in line with its revised investment guidelines and strategy that promotes financing of the country’s key infrastructure projects. Against this background, NAPSA wishes to recruit a Consulting Firm to provide an Investment and Transaction Advisory Services.

The purpose of this TA is to enable the crowding-in and sustained participation from NAPSA, by supporting their first investments in renewable energy and building their capacity for longer term involvement in RE financing.

The following are the specific objective of the assignment :

  1. Support and coach NAPSA staff in deals origination ;
  2. Support project appraisal of RE projects ;
  3. Develop user-friendly procedures, guidelines and manuals related to the sustainable energy business that can be applied by NAPSA in appraising RE projects ;
  4. Strengthen NAPSA’s capacity to understand and appraise RE infrastructure projects, including knowledge building on various RE technologies ;
  5. Support Credit policy and risk management and support NAPSA its first investments in RE and building their capacity for longer term involvement in RE financing ;
  6. Provide credit origination support to NAPSA’s RE Investments.

The assignment for the Investment and Transaction Advisory Services is expected to be for a period of 18 months, subject to satisfactory performance.

NAPSA now invites eligible firms to indicate their interest in providing these services. Interested firms must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Firms may constitute joint-ventures to enhance their chances of qualification.

Eligibility criteria, establishment of the short-list and the selection procedure shall be in accordance with the AfDB’s “Procurement Framework for Bank Group-Funded Operations, dated October 2015”, which is available on the Bank’s website at http://www.afdb.org.

Expressions of Interest should be deposited in the NAPSA Tender box, at the Ground Floor, Levy Business Park Office Block, Cnr of Kabelenga and Church Roads, Lusaka. Submissions must be clearly marked “Expression of Interest for Investment and Transaction Advisory Services – Renewable Energy”. Electronic submissions will

be accepted to [email protected] and must be copied to [email protected].

Expression of Interest will close on 10th July 2020 at 10:30 hours local time.

LATE EXPRESSIONS OF INTEREST WILL NOT BE ACCEPTED.

Secretary

Management Procurement Committee

For /Director General

Address :  National Pension Scheme Authority

Levy Business Park

Cnr of Kabelenga and Church Roads

Lusaka

Tel : +260 211 395 000

E-mail : [email protected], copied to [email protected]

NATIONAL PENSION SCHEME AUTHORITY