India: Maharashtra Solar Park and Green Grid Development Investment Program

Sovereign Project | 45341-001

Summary

The Maharashtra Solar Park and Green Grid Investment Program (the Program) is a proposed Multitranche Financing Facility (MFF) to fund the generation and transmission of solar power in the state of Maharashtra in western India. The objective is to augment power available through renewable resources, and generation of solar power through the public-private partnership (PPP) route. Outputs will be four solar parks producing about 350 megawatts (MW) of solar power using the photo-voltaic (PV) technology including 200 MW of generation from PPP entities, associated transmission lines for evacuation and a grid component to absorb variable solar power in a stable manner into the gird.

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Project Name Maharashtra Solar Park and Green Grid Development Investment Program
Project Number 45341-001
Country India
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8062-IND: Maharashtra Solar Park and Green Grid Development Investment Program
Technical Assistance Special Fund US$ 350,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector Energy - Electricity transmission and distribution - Renewable energy generation - solar
Gender Equity and Mainstreaming No gender elements
Description The Maharashtra Solar Park and Green Grid Investment Program (the Program) is a proposed Multitranche Financing Facility (MFF) to fund the generation and transmission of solar power in the state of Maharashtra in western India. The objective is to augment power available through renewable resources, and generation of solar power through the public-private partnership (PPP) route. Outputs will be four solar parks producing about 350 megawatts (MW) of solar power using the photo-voltaic (PV) technology including 200 MW of generation from PPP entities, associated transmission lines for evacuation and a grid component to absorb variable solar power in a stable manner into the gird.
Project Rationale and Linkage to Country/Regional Strategy To cater to the solar Renewable energy Purchase Obligation (RPO) within the state up to the financial year 2015/16 (FY2016), the state-owned Maharashtra State Power Generation Company Limited (Maha Genco) plans to establish 500 MW of solar generation capacity. Maha Genco also proposes to adopt a PPP modality where it will hold a minority equity stake in the joint venture (JV), and the private sector will continue both equity and debt. The Program will also develop the capacity of Maha Genco to enter into PPP contracts and manage PPP projects.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services Consultants will be engaged in accordance with the Guidelines on the Use of Consultants (2010, as amended). A total of 7 positions and 16 person-months of consulting services are required. Individual consultants will be engaged for 4 positions for 9 person-months, namely, the Solar Power Generation Technology Specialist, the Sector Policy Specialist and the Social and Environmental Safeguards Specialists, as their services are required to commence at the earliest. The remaining 3 positions for 7 person-months would be recruited through a firm by obtaining a biodata technical proposal, following the quality- and cost-based selection method with 80% weight for quality and 20% weight for price. To expedite project processing, advanced contracting procedures will be adopted, so that the consultants can be on board soon after the TA is effective. Work to be performed by the consultants includes (i) technical assessment of the proposed solar power generation and transmission program; (ii) capacity assessment of the EAs, and suggested remedial action plan to build EA capacity to minimize procurement, financial management and governance risks; (iii) preparation of bid documents and a procurement plan for tranche 1; (iv) preparation of social safeguards framework documents, and social safeguards due diligence for tranche 1; (v) preparation of environmental safeguards framework document and environmental safeguards due diligence for tranche 1; (vi) economic and financial due diligence for the tranche 1; and (vii) assessing the readiness of Maha Genco to adopt the PPP modality for developing solar power generation projects, organizing a study visit and two conferences to promote solar projects in Maharashtra and ascertain investor expectations, and suggesting an action plan for capacity development.
Responsible ADB Officer Mukhtor Khamudkhanov
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies
Maharashtra State Power Generation Company LimitedPrakashgad, Plot No. G9, A.K. Marg
Bandra (East), Mumbai-400 051
India
Maharashtra State Power Transmission Co., Ltd.Prakashganga, C-19, E Block Bandra Kurla
Complex, Bandra (East), Mumbai-400 051
India
Timetable
Concept Clearance -
Fact Finding -
MRM -
Approval 20 Mar 2012
Last Review Mission -
Last PDS Update 31 Mar 2014

TA 8062-IND

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
20 Mar 2012 09 Jul 2012 09 Jul 2012 31 Dec 2012 31 Dec 2013 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
350,000.00 0.00 0.00 0.00 0.00 0.00 350,000.00 20 Mar 2012 255,134.03

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

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