According to the bank website, IFC will advise the Rewa Ultra Mega Solar Ltd and the State Government of Madhya Pradesh in designing, structuring and tendering a solar power IPP project with a total capacity of 1500MW. This advisory role builds off the work done to structure and tender the first 750MW Rewa Ultra Mega solar project in 2017, which achieved record low solar tariffs in India.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/