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Detail of GEF Project #578

GEF Project ID578
Funding SourceGEF Trust Fund
Project NameSolar Thermal Power
RegionAsia and the Pacific
Focal AreaClimate Change
Operational Program7
PDF-C Approval Date1996-03-14
Approval Date1996-04-01
CEO Endorsement Date2002-06-03
Project Cancellation Date2006-02-02
Project StatusCancelled
GEF AgencyWorld Bank
Executing AgencyRajasthan State Electricity Board; Rajasthan Energy Development Agency
DescriptionThe GEF will finance the incremental costs of construction and operation, by the private sector, of a grid-connected, 140MW solar-thermal fossil-fuel hybrid power plant in Rajasthan, incorporating a parabolic trough solar thermal field of about 35-40MW. The plant would demonstrate the operational viability of solar trough technology and its use by an independent power producer with commercial sales and delivery arrangements with the grid. The project is designed to stimulate the expansion of solar-thermal technology worldwide over the long term.
Implementation StatusThere are serious technical and financial risks that the Bank recognizes which are under discussion with KfW. The next step are receipt of a joint letter from GOI and GoR: (i) outlining the common assumptions, and their implications, of the economic and technical appraisal of the project by the Bank and KfW, and (ii) requesting agreement from the government on their support for the project, including financial and regulatory commitments. In particular, this would include a gas supply agreement being in place, a power purchase agreement been effected, and an assurance that GoR will reimburse the distribution companies for the difference between cost of power from Mathania and the baseline plant's cost.
PDF C Amount
750,000 USD
GEF Project Grant
49,000,000 USD
GEF Grant
49,750,000 USD
Cofinancing Total
196,000,000 USD
Project Cost
245,750,000 USD
GEF Project (CEO Endo.)
49,000,000 USD
Cofinancing Total (CEO Endo.)
156,500,000 USD
Project Cost (CEO Endo.)
206,250,000 USD
Project Documents

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