NIIF Ayana Renewable Pow (DFC-AYANA)

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.
Specific Location
Gadag, Karnataka, India
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
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
National Investment Infrastructure Fund
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Finance
The service or industry focus of the investment. A project can have several sectors.
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 @ DFC website

Updated in EWS May 18, 2022


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 IFC documents, the proposed project involves the construction and operation of a 300 MW wind power project located in Gadag, Karnataka, India. The Project comprises 114 wind turbine generators (WTGs), each with 3.3 MW capacity, as well as an electrical substation and a 25 km transmission line.

The Project is located primarily on flat to undulating land across 16 villages: Kanaginahal, Harlapur, Adavisomapur, Sambhapur, Balajinagar, Papanashi, Lakkundi, Gadag- Betigeri (CMC), Kadampur, Churchihal, Jantli Shirur, Shingatarayanakeri, Doni, Dambal, Narasapura. The Project site is located near the Kappatagudda Wildlife Sanctuary (1.1 km from nearest WTG) and two Important Bird Areas, Tungabhadrs Reservoir and Magadi and Shettikere Wetlands (12 km from proposed transmission line route and 25 km from nearest WTG). Desktop studies indicate potential presence of high priority species including Neophron percnopterus (Egyptian Vulture), Sterna acuticauda (Black-bellied Tern), Aythya farina (Common Pochard), and Clanga clanga (Greater Spotted Eagle). In addition, a rapid field observation study reported 25 migratory species including migratory waterbirds.

Approximately 560 acres of land will be required for the Project, 112 acres would be purchased and the remaining land would be leased for a period of 29 years and 11 months. This leased land will include land required for access road and transmission line construction. All land acquisition terms established by Ayana require a willing-buyer/willing-seller basis, and a lack of temporary or permanent structures. The ESIA indicates that there is no anticipated physical or economic displacement associated with this Project.

The project is anticipated to have approximately 550 workers during peak construction, primarily hired from the local area, and is expected to have approximately 100 skilled workers during operation.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

No contact information was provided at the time of disclosure.

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability

How it works

How it works