Original disclosure @ ADB website
Updated in EWS Jul 7, 2020
Disclosed by Bank Mar 7, 2017
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This project provides long term financing options for renewable energy projects including wind, biomass, hydropower, and solar. The program supports lending for projects by the Indian Renewable Energy Development Agency. Private capital will increase lending for at least 10 projects and provide project finance training to government officials.
This project is financed by:
ADB: Ordinary capital resources (Loan): US$ 200 million
European Investment Bank (Loan: US$ 253 million
Japan International Cooperation Agency US$ 280 million
Indian Renewable Energy Dev't Agency Ltd. (IREDA)
Core 4A, East Court
1st Floor, India Habitat Center Complex
Lodi Road, New Delhi - 110 003, INDIA
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main