Access to Clean Energy Through Micro-finance (Cleanstart-NMB)

Duration 2014-2017
Address All 75 districts
Partner Organization UNCDF, NMB,Nirdhan Utthan Bank Ltd., Positive Planet, Alternative Energy Promotion Centre (AEPC), Local Financial Institutions (LFIs) and Winrock International.
Project Description

Project Objectives:

1. To promote renewable energy technologies (RETs) based on requirement to increase energy access

2. Increase financial access of rural communities for access to energy and enhanced livelihoods

3. Assist NMB and NUBL to increase investment in RETs and other clean energy projects

Expected Outcomes:

1. Increased credit financing for RETs through LFI networks

2. Enhanced capacities of LFIs, NMB and NUBL to finance RETs as loan product

3. During the project period 600 biogas plants, 17,200 SHSs, and 6,200 ICS will be installed

4. Similarly 6,000 House holds will be electrified from MHPs and 91 households will be electrified from IWM
5. Establish wholesale loan relationship between banks and LFIs for renewable energy & SMEs financing

Coverage
Focal Person Mr. Pashupati Prasad Khatri (Project Manager)
Project Status Ongoing
Download file for more information CleanStart Factsheet_NMB_19th Sept. 2016.pdf

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