GRMF: Full applications received for Geothermal Risk Mitigation Facility financial support to co-finance surface studies and drilling

We are very pleased to announce the pre-qualified developers who submitted their full applications (RfA) for the 3^rd application round (AR) for GRMF financial support before the submission deadline of 20^th July 2015.

The 3^rd AR started on 31^st October 2014 after the pre-qualification workshop held as side-event to the ARGeo-C5 conference in Arusha, Tanzania. On 8^th January 2015 - the submission deadline of the pre-qualification phase, sixteen (16) Expressions of Interest (EoI) (10 surface studies and 6 drilling programmes) were formally accepted.

On 20^th July 2015, of the 18 project represented in the pre-bidding workshop, 14 RfA were submitted for GRMF financial support. These 14 RfA were submitted by ten (10) entities (6 public and 4 private) from seven - out of the eleven GRMF countries (Comoros, Djibouti, Ethiopia, Kenya, Tanzania, Uganda and Rwanda).

The cumulative GRMF financial support requested by all the submitted RfA of the 3^rd AR amounts to approximately USD 65 million.

For background information and contact details visit us at: http://www.grmf-eastafrica.org.