According to the website of the Green Climate Fund, the project will support the Government of India’s initiative in fulfilling renewable energy targets by enabling access to solar rooftop developers to the required means of finance. The fund will be used to provide loan assistance to commercial, industrial and residential housing sectors to partially cover the upfront cost of investing in solar roof top Photovoltaic systems.
The programme aims to tap around 250 MW of solar rooftop capacity in the initial phase over 2018-2022. Tata Cleantech Capital Limited (TCCL), the implmenting agency, aims to cater to the specific market needs and will be a facilitator to bridge existing gaps/current barriers in the rooftop solar sector.
Tata Cleantech Capital Limited (TCCL) provides finances for clean technology project. The Company offers financing and consultancy for energy efficiency, renewable energy projects, and water treatment projects. TCCL serves customers in India.
National Bank for Agriculture and Rural Development (NABARD)
Dr. Harsh Kumar Bhanwala
Tel: +91 22 26530000
Ms. T S Raji Gain
Tel: +91 22 26530009
Tel: +91 22 26530094
NDA/FP IN INDIA
Ministry of Environment, Forests and Climate Change
Mr Ravi S Prasad
Work: +91 11 2436 3956
Fax: +91 11 2436 9192
ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND
The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at email@example.com.