42922-014: IND: PUBLIC-PRIVATE PARTNERSHIP FOR RENEWABLE ENERGY DEVELOPMENT

Project Data Sheet (PDS): Overview


Description

The joint venture company (JVC) to be incorporated under the Companies Act of 1956, intends to develop, construct, and operate a portfolio of 500 megawatts (MW) of renewable energy projects, initially focused on wind power and small hydroelectric power, in India. The company brings ADB together with the leading state-owned enterprise in power generation in India and two of the world s top diversified energy companies. ADB s role in the development phase of this JVC has been to facilitate the process and bridge the gaps between the parties risk perceptions and their expectations from the investment in the renewable sector in India. As an honest broker, ADB provides direct comfort to both the local and foreign investors through its proposed equity participation in the JVC. Read More

Country India
Borrower/Equity Investment Name PPP FOR RENEWABLE ENERGY C/O NTPC
Project Number 42922-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7300
Approval Date 28 Apr 2009
Geographical Location India
Sector / Subsector Classification Energy
/ Renewable Energy
Thematic Classification Economic growth
Not yet classified
Private sector development
Safeguard Categories Environment: FI
Resettlement: B/C
Indigenous People: B

 

 

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.

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Project Data Sheets (PDS)

Responsible ADB Officer
Don Purka
Email contact

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 1

PDS Creation Date
28 Mar 2009

Last PDS Update
30 Sep 2013

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