Übersicht
Financing for corporate project developers in India via an intermediated loan to part-finance the implementation of 800MW utility-scale solar energy investments in India
The operation consists of a framework loan to support utility-scale (50MW ) solar energy investments in India.
The operation will focus on solar projects with in principle limited environmental and social impact. Environmental and social pre-screening of the projects, including connection infrastructure where applicable, will be required. The experience, procedures and capacity of the borrower to check eligibility, perform due diligence and monitor projects following the EIB's environmental and social policy and standards will be appraised. Ex-ante appraisal of allocations by the Bank will be required and 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.
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