Rural Electrification Fund definition

Rural Electrification Fund or “REF” means the Rural Electrification Fund to be established and operated under Parts C.2 and C.3 of the Project in accordance with Section I.B.3 of Schedule 2 to this Agreement.
Rural Electrification Fund means the public fund established pursuant to the Recipient’s Law No.2006-16 dated March 27, 2007 on the Electricity Code of the Republic of Benin and the Recipient’s Decree on the Establishment and Management of the Rural Electrification Fund of the Republic of Benin No. 2008-719 dated December 22, 2008, for the purpose of providing financing to rural electrification activities.
Rural Electrification Fund and “RUF” means the public fund established pursuant to Ordonnance No. 019/P/RM dated March 15, 2000, of the laws of the Borrower, for the purpose of providing subsidies to rural electrification activities;

Examples of Rural Electrification Fund in a sentence

  • The Government will also clarify the Rural Electrification Act (the “REA”) so that entities that pursue rural electrification activities without receiving funding from the Rural Electrification Fund are not subject to the REA’s internal rate of return and megawatt size restrictions.

  • Amount upfront contributions collected in Nakfa ▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇ million Nakfa Rural Electrification Fund sub-grants 7.

  • Number of consumers connected in Project villages, by consumer category: residential commercial industrial 12,000 11,300 600 50 30,000 28,600 1,180 140 Rural Electrification Fund sub-grants 7.

  • Part C: Rural Electrification Fund Establishing suitable administrative management and operationalizing the Rural Electrification Fund as the mechanism for financing electrification of villages, small towns and peri-urban areas on the basis of Subgrants to EEC, electric cooperatives, or private sector, through the acquisition of goods and equipment, provision of works, technical advisory services, and training.

  • This component will also support the operational integration of the Department of Rural Electrification Fund and include the roll-out of EDC’s financial accounting and enterprise public utility organization management information system to its provincial branches.


More Definitions of Rural Electrification Fund

Rural Electrification Fund means the Recipient’s fund established pursuant to the law No. 2006-16 dated March 27, 2007.
Rural Electrification Fund means the fund set up under the Rural Electrification Act; Cap. 73:03
Rural Electrification Fund or the acronym “REF” means the fund established under Section 18 of the Rural Electrification Act No. 20 of 2003 of the Laws of Zambia (continued under Section 15 of the Rural Electrification Act No. 5 of 2023 of the Laws of Zambia), managed by REA and consisting of money appropriated by Parliament, electricity levy collected as well as loans, grants or donations.
Rural Electrification Fund. (Fonds d’Electrification Rurale) means the Recipient’s entity, established and operating pursuant to the Recipient’s Ordinance No. 019/P/RM of March 15, 2000, charged with the provision of financing to rural electrification activities.
Rural Electrification Fund and its acronym “REF” mean the public institution to be established by the Borrower to provide financial and technical support for rural electrification development pursuant to paragraph 1 of Schedule 3 to this Agreement.
Rural Electrification Fund or “REF” means the facility established under Part
Rural Electrification Fund means the fund set up under the Rural Electrification Act;