Rajasthan Renewable Energy Transmission Investment Program (Facility Concept) (ADB-45224-002)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Jodhpur, Bikaner, Barmer and Jaisalmer
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
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 26, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 498.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 798.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS May 13, 2020

Disclosed by Bank Aug 11, 2014


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Project Description

According to the bank website, "Rajasthan completed the installation of about 1767 MW of wind and 45 MW of solar generation at the end of 2011 using surplus transmission capacity in the grid. The state's investment plan for renewable energy targets installation of about 8,000 MW of solar and wind projects by 2018. These include private solar and wind power projects to be set up primarily in the renewable energy rich resource areas of Western Rajasthan (in Jodhpur, Bikaner, Barmer and Jaisalmer) including in the solar park being developed in Bhadla by the Rajasthan Renewable Energy Corporation. The Program would support transmission facilities for evacuation of renewable energy to the state and national grid."

Investment Description

Source of Funding/ Amount:

Ordinary capital resources US$ 300.00 million
Clean Technology Fund US$ 198.00 million


Contact Information

Responsible ADB Officer: Karbar, Vallabha R.
Responsible ADB Department: South Asia Department
Responsible ADB Division: India Resident Mission

Executing Agencies:
Energy Department, Government of Rajasthan
Vidyut Bhawan, Janpath, Jaipur - 302 005 Rajasthan, India

Rajasthan Rajya Vidyut Prasaran Nigam Limited
Vidyut Bhawan, Janpath, Jaipur 302 005
Rajasthan, India
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ACCOUNTABILITY MECHANISM OF ADBP

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