42902-014: IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project) | Asian Development Bank

India: IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)

Nonsovereign (Private) Project | 42902-014 Status: Active

IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)

Project Results

  •  

    69,000

    tCO2 equivalent per year in greenhouse gas emission reduction

  •  

    50.40

    MW installed energy generation capacity using conventional and renewable energy sources

  •  

    172.80

    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 Details

Project Officer
Gulshan, Karan Raj Private Sector Operations Department Request for information
Country
  • India
Sector
  • Energy
 
Project Name IND: GUJARAT PAGUTHAN WIND ENERGY FINANCING FACILITY (Samana Phase-I Project)
Project Number 42902-014
Borrower/Company GUJARAT PAGUTHAN ENERGY CORPORATION PRIVATE LIMITED
Country
Location Samana, Gujarat
Approval Number 7277/2417
Type of ADB Assistance / Amount
7277 Loan USD 45.00 million Committed
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).

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 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.

Title Document Type Document Date
Gujarat Paguthan Wind Energy Financing Facility Extended Annual Review Reports Nov 2012
Gujarat Paguthan Wind Energy Financing Facility Reports and Recommendations of the President Mar 2008

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

Related Publications

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.