Madhya Pradesh Round the Clock RE (IFC-610093)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • India
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
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."
Borrower
Government of Madhya Pradesh (India); Rewa Ultra Mega Solar Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Law and Government
  • Technical Cooperation
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.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 14, 2026

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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.

As stated on the project disclosure page, IFC will provide transaction advisory support to Government of Madhya Pradesh through the New & Renewable Energy Department (NRED) and Rewa Ultra Mega Solar Limited (RUMSL) to develop innovative renewable energy Public Private Partnerships, including the development of round-the-clock (RTC) renewable energy projects.

The successful implementation of the Project is expected to result in clean power generation for round-the-clock supply at specified minimum assured level of availability comparable to thermal power projects, avoidance of greenhouse gas emissions, and mobilization of private investment in the renewable energy sector.

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

Estimated total budget pending at the time of disclosure.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As reported by Devex, Rewa Ultra Mega Solar is an operational solar park spread over an area of 1,590 acres in the Gurh tehsil of Rewa district of Madhya Pradesh. The project was commissioned with 750 MW capacity in December 2019.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Rewa Ultra Mega Solar Limited Client Energy

Contact Information
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General IFC Inquiries - IFC Communications:

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Telephone: +1 202-473-3800
Fax: +1 202-974-4384

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF IFC/MIGA

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

How it works

How it works