Promoting Advanced Biofuels Through High Technology (ADB-54222-001)

Countries
  • India
Geographic location where the impacts of the investment may be experienced.
Specific Location
Gujarat, Haryana, Uttar Pradesh
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 7, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of India
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Finance
  • Technical Cooperation
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 7, 2023

Disclosed by Bank Jul 17, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, "This knowledge and support technical assistance (TA) aims to support India's development of biofuels through novel technological adoption and sustainable business structure. Biofuels are a renewable energy source made from organic matters or agricultural and municipal solid wastes. Its usage can be extended to energy, transport, manufacturing, and medicament in the form of bioethanol, biogas, and biodiesel. Especially, biofuels can be blended as low carbon fuels for vehicles, and treated as key tool for future green transportation. Moreover, the recent coronavirus disease (COVID-19) pandemic has highlighted a serious shortage of ethanol for used as disinfectant. The TA will focus on advanced biofuels in preparing specific development schemes with technical, financial, contractual, and capacity development arrangements and viable business and operational models."

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility

US$ 2.00 million

Republic of Korea e-Asia and Knowledge Partnership Fund

US$ 500,000.00

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Responsible ADB Officer Son, Jongmi
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies
Indian Oil Corporation,Limited
Scope Complex, Core-2
7 Institutional Area, Lodhi Road, New Delhi-110003, India
Ministry of Petroleum and Natural Gas
Shastri Bhavan-1, New Delhi, 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

How it works

How it works