Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
|PDS Creation Date||21 Feb 2008|
|PDS Updated as of||09 Sep 2014|
|Project Name||IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)|
|Borrower/Equity Investment Name||GUJARAT PAGUTHAN ENERGY CORPORATION PRIVATE LIMITED|
|Geographical Location||Samana, Gujarat|
|In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.|
|Drivers of Change||–|
|Gender Equity and Mainstreaming Categories||–|
GUJARAT PAGUTHAN ENERGY CORPORATION PRIVATE LIMITED
|Type/Modality of Assistance||Approval Number||Source of Funding||Approved Amount (thousand)|
|PS||7277||LIBOR Based Loan|
The implementation of the environmental management plan and monitoring arrangements have minimized and mitigated the impact of environmental disturbance during construction and operation. The construction of the wind farm involved only minor civil, mechanical, and electrical works, mainly for construction of the wind tower footing, which took place in several small sites, scattered over a wide area. During operations, wind turbine generators (WTGs) do not generate gas or dust emissions. The WTGs are located in uninhabited areas, not suitable for agriculture. The construction and operation of the project did not entail any displacement (physical or economic) nor has it affected any existing structures. The project construction also did not entail any impact on indigenous people.
Separate public consultations have been carried out for the wind power project. A number of awareness camps have been conducted covering various settlements in the vicinity of the project areas to inform local communities about these projects. Local communities have demonstrated good understanding of the nature and scope of wind energy projects and have been assured that the wind farms would have no significant environmental and social impacts.
|IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)1|
|The loan is consistent with ADB s India Country Partnership Strategy (CPS), which emphasizes infrastructure development, private sector participation, and renewable energy development in the country. Specifically in the power sector, policy dialogue by the South Asia Regional Department has focused on: (i) supporting sector reform and restructuring; (ii) enhancing energy efficiency and clean energy development; and (iii) promoting balanced physical infrastructure development. The ADB loan is in line with these strategies and dovetails efforts including ongoing dialogues with the Government under public sector operations. The Project has been contributing in meeting the significant energy and power shortages in the state of Gujarat. The loan is consistent with ADB s energy sector policy. It also forms a part of ADB s clean energy and environment program, which was launched in response to the communique by the Group of 8 Gleneagles Summit in July 2005. ADB s energy policy states that ADB will promote the development of renewable energy sources in developing member countries, and that ADB will also assist in implementing such projects, preferably through private sector involvement to ensure their sustainable long term operations. The clean energy and environment program includes implementation of renewable energy investment opportunities. The Project may also benefit from assistance from ADB s Asia Pacific Carbon Fund for upfront financing of future revenues from certified emission reduction units (CERs).|
|Description of Project Outputs
|Status of Implementation Progress (Outputs, Activities, and Issues)
|Status of Development Objectives
The project is meeting the development objectives as stated above.
|Date of First Listing||–|
|Procurement and Consulting Notices
|Concept Clearance||17 Dec 2007|
|Due Diligence Mission||–|
|Investment Committee Meeting||12 Mar 2008|
|Approval||17 Apr 2008|
|Responsible ADB Officer||Aniruddha V. Patil (email@example.com)|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Divisions||Infrastructure Finance Division 1|
|List of Project Documents||http://www.adb.org/projects/42902-014/documents|