Alternate Energy
Project Summary
Project promotes and commercializes investment in wind farms and solar photovoltaic power systems through the provision of below-market loans to investors in these systems, primarily from the private sector. Popularizes renewable technologies through public education programs that explain their functions and capacity. Implementation is overseen by the Indian Renewable Energy Development Agency, which is benefitting from capacity-building assistance.
Project Details
| GEF Project ID | 76 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | India |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Indian Renewable Energy Development Agency (Department of Non-Conventional Energy Sources) |
| GEF Period: | Pilot Phase |
| Approval Fiscal Year: | 1992 |
Project Documents
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 26,000,000 USD |
| Co-financing Total | 0 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 26,000,000.00 USD |
Project Timeline
Received by GEF
Concept Approved
01 Dec 1991
Project Approved for Implementation
01 Dec 1991
Project closed
30 Jan 2002
