Veröffentlichungsdatum: 10 Oktober 2013
Projektträger – zwischengeschaltetes Finanzinstitut
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LTD
Framework loan to fund small and medium-scale capital investments in renewable energy and energy efficiency in India
The operation consists of a framework loan for the support of small to medium sized renewable energy and energy efficiency investments in India. The final project pipeline is expected to consist of small run-of-the-river hydropower plants, biomass, solar and wind power plants.
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 200 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 400 million
The operation will focus on small or medium sized projects with in principle limited environmental and social impacts. The experience, procedures and capacity of the borrower to check eligibility, perform due diligence and monitor projects following EIB’s environmental and social policy and standards will be appraised. Ex-ante approval of allocations by the Bank may be required if deemed necessary. Large investment schemes will be subject in all cases to ex-ante environmental and social due diligence by the EIB.
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank’s Guide to Procurement.
Unterzeichnet - 21/02/2014
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).