Project Name IND: CLP WIND FARMS PRIVATE LIMITED (CWFPL) - Samana Phase II and the Saundatti Project)
Project Number 42902-024
Borrower/Company CLP WIND FARMS PVT. LTD
Country India
Location Samana, Gujarat, India; and Saundatti, Karnataka, India
Approval Number 7727/2417
Type or Modality of Assistance
7277 Loan USD 60.00 million Closed
Strategic Agendas
Drivers of Change
Sector / Subsector

Energy - Renewable energy generation

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer ADB Disclosure
Project Sponsor(s) Gujarat Paguthan Energy Corporation Private Limited (GPEC)
Description The benefits of the proposed loan include (i) addition of 132.8 MW (50.4 MW for Samana - Phase II, and 82.4 MW for Saundatti) of power generating capacity to help reduce the growing supply deficit in India; (ii) development of new renewable energy sources, which will decrease fossil fuel consumption and reduce the emission of greenhouse gases and other pollutants; (iii) and demonstration of the successful implementation of large-scale wind power projects by the private sector.
Objectives and Scope
Linkage to Country/Regional Strategy

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).

Safeguard Categories

Environment B
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 12 Mar 2008
Due Diligence 11 Jan 2008
Credit Committee Meeting -
Approval 17 Apr 2008
PDS Creation Date 03 Oct 2008
Last PDS Update 30 Oct 2008

This page was generated from on 27 March 2017