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Request for expressions of interest (Consulting services – Firms selection)


C2.2.4: Support to Industrial Enterprises for Energy Audits and Preparation of Feasibility Studies.

The Socialist Republic of Vietnam has received a grant from the Green Climate Fund (GCF) through the World Bank (WB) for the Vietnam Scaling Up Energy Efficiency Project (VSUEE Project). The project will provide TA to support the implementation of VNEEP’s targets and the Paris Agreement on climate change mitigation measures in the industrial and energy sector. In addition, capacity building activities will address the knowledge, institutional, and capacity-building needs of the relevant stakeholders in the management and development of a national mechanism and policies on EE. Those efforts will be accompanied by the establishment of a risk-sharing facility, backed by a GCF Guarantee instrument, which aims to address current regulatory barriers to access commercial capital, mobilize local bank financing, and encourage stakeholders such as industrial enterprises and commercial banks to implement projects and develop an EE investment market. The project consists of two components: (i) GCF Risk Sharing Facility; (ii) Technical Assistance. The VSUEE Project Management Board (PMB) intends to use part of its grant to recruit a qualified consultant firm to Support to Industrial Enterprises for Energy Audits and Preparation of Feasibility Studies.
The consulting services (“the Services”) consists to provide support to industrial enterprises (IEs) in conducting energy audits, preparing feasibility studies for energy efficiency sub-projects designed to seek financing from PFIs utilizing the partial credit risk guarantees under the VSUEE program and preparing bankable financing proposal for IEs. The Consultant shall be responsible for: (i) Identifying IEs interested in implementing sub-projects with the potential for substantial energy savings and related cost reduction and in utilizing the risk sharing facility (RSF) offered under VSUEE; (ii) Developing a set of criteria for selection of IEs that will be provided with support under this assignment; (iii) Defining the plans for providing support for energy audits and feasibility studies; (iv) Defining plans for providing support for bankable financial applications; (v) Selecting at least 8 IEs (more IEs can be proposed depending on the actual situation during project implementation) in cooperation with the PMB and obtaining the commitment of the management of the IEs to make the necessary investment for implementing the EE sub-projects and; (vi) Providing support to each of the selected IEs. The estimated implementation time of this consulting task is 21 months, expected to start from November 2023 with possible extension based on the need and Consultant’s performance and project extension.
The detailed Terms of Reference (TOR) for the assignment can be obtained by submitting a request to the email addresses indicated at the end of the REOI.
The VSUEE Project Management Board now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services and attachment the business license of firm. The shortlisting criteria are:
  • (i) Have a proper business license in the field of this activity (Scientific research and technological development, advertisement and market research….)
  • (ii) Have at least 07 similar experience in implementation of energy audit and Feasibility study preparation in the field of EE in Vietnam for the last 10 years;
  • (iii) Have at least 05 specific experience in conducting energy audit and preparing FS for Vietnamese EE enterprises for the last 10 years;
  • (iv) Experienced in ODA projects on energy efficiency funded by international donors such as WB, ADB, UNIDO, DANIDA ect.
This assignment will require the consultant to assemble a strong team experienced on the topics above, which collectively brings the range of skills needed for the different tasks (e.g. energy efficiency, economics, financial, etc).
The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, revised November 2017 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.
A Consultant will be selected in accordance with the CQS method set out in the Procurement Regulations.
Further information can be obtained from VSUEE Project Management Board via email: during the hours from 09:00 a.m. to 17:00 p.m. in working days.
Expressions of Interest must be delivered in a written form to the address below in person (or by Post, or Email)  by 16:00 on September 19, 2023.
Project Management Board of Vietnam Scaling up Energy Efficiency Project
Room 510, Building A, Ministry of Industry and Trade, 54 Hai Ba Trung str., Hoan Kiem Dist., Hanoi, Vietnam
E-mail address:
PMB of VSUEE Project
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