The SREP- Supported Extended Biogas Project development objective is to promote large off-grid biogas energy generation in Nepal. SREP seeks to deliver two primary categories of benefits from the use of its financial support: (i) increased access to renewable energy and (ii) increased production of renewable energy. The proposed SREP project will seek to benefit large off-grid biogas plants where sponsors are commercial enterprises or municipalities. The project consists of two components Technical Assistance and Financing of Investments. The Financing of Investments explains how AEPC will use government funds as per its published subsidy policy, to provide a capital cost buy-down and thereby to achieve financial closure for competitively selected large biogas investments led by the private sector.