South Asia Regional Energy Partnership Fund Program 2024

The South Asia Regional Energy Partnership (SAREP) is a flagship energy initiative of the United States Agency for International Development (USAID) mission to India. This five-year program (2021-2026) aims to enhance access to affordable, secure, reliable, and sustainable energy across six South Asian countries: Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka.

Program Objectives

SAREP focuses on several key objectives to drive systems change and advance clean energy:

• Enhanced Regional Energy Markets: Develop regional power markets, improve cross-border electricity trade, and integrate regional grids for energy security.
• Advanced Energy Solutions: Accelerate the deployment of clean energy technologies, including renewable energy, energy storage, and electric vehicles.
• Modern Utilities: Modernize utilities to improve performance, grid resilience, and customer service, supporting clean energy transition.
• Transparent Procurement and Investment: Increase private sector investments, enhance procurement processes, and promote best-value practices.

Expected Outcomes

SAREP aims to achieve significant results by the end of the program:

• Leverage $7 billion in power infrastructure investment.
• Deploy 5000 MW of clean energy.
• Save over 435 GWh through energy efficiency.
• Facilitate 4 TWh of cross-border energy trade.
• Strengthen the capacity of over 10,000 professionals and technicians.

Funding Information

SAREP offers various grant types:

• Fixed Amount Awards (FAAs): Up to $250,000 for non-U.S. organizations and U.S. organizations.
• Simplified Cost-Reimbursement Grants (SIG): Up to $250,000 for non-U.S. organizations and U.S. organizations.
• Standard Cost-Reimbursement Grants (STGs): Up to $500,000 for non-U.S. organizations and up to $250,000 for U.S. organizations.
• In-Kind Grants: Up to $500,000.

Eligible Activities

The SAREP Partnership Fund supports activities such as:

• Pilot demonstrations and incubation support.
• Feasibility studies, detailed project reports, and market assessments.
• Policy advocacy and knowledge management.
• Developing innovative business models and financial transactions for clean energy.

Eligibility Criteria

Eligible applicants include:

• Private sector entities, not-for-profit organizations, NGOs, educational institutions, and research entities.
• Applicants must be legally authorized to operate in the countries where grant activities will take place.
• Grantees must have no conflicts of interest that could affect project impartiality.

Ineligibility Criteria

The following are not eligible for funding:

• Government or quasi-government entities.
• Entities with a history of misusing U.S. Government funds.
• Political parties or organizations promoting illegal activities.

Apply for Funding

For more details and to apply, visit the SAREP Partnership Fund Program website.

Donor Name: United States Agency for International Development (USAID)

Grant Size: $100,000 to $500,000

Publish Date: 10-Sept-2024

Deadline Date: 31-Oct-2024

Countries: Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka