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.
tCO2 equivalent per year in greenhouse gas emission reduction
MW installed energy generation capacity using conventional and 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: CLP WIND FARMS PRIVATE LIMITED (CWFPL) - Samana Phase II and the Saundatti Project)|
|Borrower/Company||CLP WIND FARMS PVT. LTD
GUJARAT PAGUTHAN ENERGY CORPORATION PRIVATE LIMITED
|Location||Samana, Gujarat, India; and Saundatti, Karnataka, India|
|Type or Modality of Assistance||
|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).
Summary of Environmental and Social Aspects
|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|
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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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.
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Evaluation Documents See also: Independent Evaluation
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