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REOI: Consultancy Firm for Verification and Selling Carbon Credits from a Low Carbon Project

Publication date: 1 June 2020

Submission date: 18 June 2020

Category: Consultancy

Country: Rwanda

Entity: Energy Development Corporation Limited (EDCL)

Description: Energy Development Corporation Limited (EDCL) is subsidiary of Rwanda Energy Group (REG) that is governed by the Law relating to companies with core mission of energy projects development across the country.

The Project subject to the current consultancy is named RWANDA ELECTROGAZ CFL Distribution Project registered under CDM Nr 3404 in 2010. It was launched in July 2006 and the lamps were distributed from July 2007 to 2014. It was transferred to EDCL from REG Headquarter in October 2015.

The objective of the project was to disseminate countrywide eight hundred thousand Compact Fluorescent lamps ending up in reducing the electricity consumption from the households, reducing the demand of almost 46MW, while reducing carbon emission reduction of almost 156000TCO2 over 10 years.

The key project partner was the World Bank that offered to collaborate with the MININFRA and REG (former ELECTROGAZ) in project preparation and implementation, developing and implementing the related low carbon project and purchasing the carbon emission reduction. At this end, the Emission Reduction Purchase Agreement (ERPA) was signed on 3rd July 2009 between ELECTROGAZ (Current REG) and the World Bank, defining the crediting period for ten years from May 2010 to 31st December 2020.

The low carbon project implementation under the ERPA stated above was scheduled to cover the period 2010 - 2015 under three following monitoring periods:

  1. First Monitoring period from May 30th, 2010 to May 31st, 2012
  2. Second Monitoring period from August 1st, 2012 to March 31st, 2014
  3. Third Monitoring period from April 1st ,2014 to Dec 31st, 2015

The present Request for Expression of Interest aims at finding a consulting firm that may verify and sell the remaining Carbon Credits under an “Investment Free Model”, meaning that, no expense from EDCL prior to project verification and CERs issuance & selling.

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