# Prosperity Fund: Indonesia Renewable Energy Programme

> A sourced UK public sector contract award published by Foreign Commonwealth and Development Office.

## Key facts

- Buyer: [Foreign Commonwealth and Development Office](/buyers/foreign-commonwealth-and-development-office/contract-awards)
- Supplier: [Palladium International Limited](/suppliers/palladium-international/public-sector-contract-awards)
- Award value: £8,600,000
- Tender value: £6,942,998
- Award date: 3 December 2019
- Published: 11 July 2024
- Contract start: 12 December 2019
- Contract end: 11 December 2025
- Stage: awarded
- Procurement category: services
- Notice ID: 873a3e7d-2e66-479b-849b-fac72b14875c-766086
- OCID: ocds-b5fd17-3a0eb0a1-e873-4cbd-ad85-a4cf24cd28b5

## Description

The cross-government Prosperity Fund was created in 2015 to promote sustainable economic growth by supporting necessary reforms in recipient countries in line with OECD \(Organisation for Economic Co-operation and Development\) Official Development Assistance rules\. As well as providing development assistance to contribute to a reduction in poverty in recipient countries, these reforms are expected to create opportunities for international businesses, including UK companies\. The programme seeks to address a major constraint to Indonesia's development: affordable, continuous and stable energy access, particularly in remote island communities in eastern Indonesia\. The programme seeks to achieve outcomes in four inter-related pillars to bring about accelerated development of the renewable energy sector in Indonesia\. The programme will also specifically target lower socio-economic groups and women\. A core focus of the programme is uses of power, not simply power generation itself, to help reduce poverty, support economic development and increase social inclusion, including gender equality\. The Authority has concluded that this programme includes design and innovative solutions that cannot be met without adaptation of available solutions and that prior negotiation is needed due to the nature and complexity of the requirement\. Currently, in its last two years \(after extension in scope\), this contract will conclude in December 2025\. This Notice is intended to comply with the transparency requirements to publish the extended value\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/873a3e7d-2e66-479b-849b-fac72b14875c-766086)