IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)
tCO2 equivalent per year in greenhouse gas emission reduction
MW installed energy generation capacity using conventional and renewable energy sources
MW installed energy generation capacity using renewable energy sources
The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.
|Project Name||IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)|
|Borrower/Company||GUJARAT PAGUTHAN ENERGY CORPORATION PRIVATE LIMITED
|Type of ADB Assistance / Amount||
|Strategic Agendas||Environmentally sustainable growth
|Drivers of Change||Private sector development
|Sector / Subsector||
Energy - Renewable energy generation - wind
|Gender Equity and Mainstreaming|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Portfolio Management Division, PSOD|
|Responsible ADB Officer||Gulshan, Karan Raj|
|Project Sponsor(s)||Gujarat Paguthan Energy Corporation Private Limited (GPEC)
|Description||IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)|
|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).
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|Timetable for assistance design, processing and implementation|
|Concept Clearance||17 Dec 2007|
|Due Diligence||11 Jan 2008|
|Credit Committee Meeting||12 Mar 2008|
|Approval||17 Apr 2008|
|PDS Creation Date||21 Feb 2008|
|Last PDS Update||09 Sep 2014|
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.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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.
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
|Title||Document Type||Document Date|
|India: Gujarat Paguthan Wind Energy Financing Facility||Validations of Project Completion Reports||Sep 2014|
None currently available.
The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.