Second Renewable Energy

closed

Closed

The Second Renewable Energy Project aims to 1) increase power supply; 2) mobilize private sector investments in renewable energy power projects; and 3) promote energy efficiency and demand-side management (DSM) investments. The project has three components. The first finances small hydro investments by the private sector in, for example, canal-based and dam toe (sic) schemes, run-of-river schemes, rehabilitation and/or upgrading of old plants, use of tail ends of cooling water systems of thermal power plants, and stand-alone micro-hydro schemes. The project designs rural energy initiatives that feature partnerships between private investors and user communities. The second component helps design, develop, and implement integrated energy management services operated by service companies and end-users on a performance guarantee basis; purchases and installs energy-efficient and/or load management devices and systems; produces energy-efficient equipment; and encourages end-user participation in the state energy board and other utility-sponsored DSM programs. The third component finances pre-investment activities that develop a sustainable pipeline of energy-efficient investments and standard bidding document preparation; establish in-house capacity within IREDA (the Indian Renewable Energy Development Agency Limited) to appraise, supervise, and promote energy efficiency services and schemes; assist in promoting end-use efficiency; and train officials and staff.

Energy and Extractives,FY17 - Public Administration

World Bank Group

Project

Water Supply and Storage, Rail, Power Transmission, Geothermal, Power Generation (CCGT), Hydro, Government, Commercial