A clear three-tier classification empowers analysts and sponsors to identify and address gaps early.
Pre-NBC Critical Blockers
Issues that must be resolved before NBC submission. These are showstoppers that prevent a project from advancing to committee review.
- ▸UBO disclosure gaps
- ▸No signed PPAs (only MoUs)
- ▸EPC/OEM not identified
- ▸Equity proof missing
Due Diligence Items
Issues that can be verified during DD after NBC approval. These are important but do not block committee submission.
- ▸Demand forecast validation
- ▸Permits and licences
- ▸FX hedging strategy
- ▸Insurance cover quotes
Conditions Precedent (CPs)
Requirements that must be made before financial close. CPs are binding contractual conditions attached to approval.
- ▸Executed grant agreement
- ▸Binding insurance cover
- ▸Pilot project completion
- ▸Escrow arrangements
DREEF Support Pathway
When DRELT identifies Project Development Gaps, sponsors are linked to DREEF for targeted assistance:
Technical Assistance
Capacity Building
Grant Facilitation
Legal Support