Call for Applications for Energy Service Companies (ESCOs) and Technology Providers/Distributors to Participate in CAPRED's ESCO Pilot Demonstration Program
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Description & Project Overview
About CAPRED The CAPRED Facility is Australia's flagship bilateral economic development program in Cambodia, focusing on economic recovery and resilience until 2027, with a possible three-year extension. Funded by the Department of Foreign Affairs and Trade (DFAT) and implemented by Cowater International, CAPRED supports Cambodia in implementing a range of important economic reforms to support the country's economic transition. These interventions and reforms aim to encourage more productive and inclusive public and private investment, promoting a resilient, inclusive, and sustainable economy (RISE).CAPRED interventions fall under three technical components, including Agriculture and Agro-processing; Investment and Enterprise Development and Infrastructure Development; and three Cross-Cutting components: Gender Equality, Disability and Social Inclusion (GEDSI), Climate Resilience initiatives, and Policy Support. About the ESCO Pilot Demonstration Program Cambodia's National Energy Efficiency Policy (NEEP) identifies the development of an Energy Service Company (ESCO) market as a key strategy to accelerate energy efficiency investment across energy industrial and commercial sectors. ESCOs provide a proven business model that enables businesses to implement energy efficiency improvements through performance-based contracts, where investment risks and returns are linked to verified energy savings. To support the development of Cambodia's ESCO market, CAPRED is implementing the ESCO Pilot Demonstration Program to demonstrate the technical, financial, and commercial viability of ESCO business models across selected energy-intensive sectors. The program was initially launched in the agro-processing, animal farming, and rice milling sectors and has since expanded to include the hospitality and ice-making sectors.