According to bank documents, the Project is under the ReNew Master Financing Facility, a $250 million financing facility for the development, construction, and operation of solar PV projects awarded under the Government of India’s Jawaharlal Nehru National Solar Mission. The Project will result in the construction of a 100 MW capacity solar PV located in the state of Telangana. The Project will diversify the country’s power generation mix with a clean source of renewable power. The Project also contributes to the U.S. Government’s commitment to assist India with its transition to a low carbon economy and to help India achieve the goals of the NSM, which is targeting an addition of 100 GW of solar power by 2022.
According to DFC, the project's sponsor is ReNew Power Ventures Private Limited.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||ReNew Wind Energy (TN 2) Private Limited –Telangana||Client||-|
*Contact information not provided at the time of disclosure*
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