Vadodra Rooftop Solar

completed

IFC will provide transaction advisory support to the Government of Gujarat to assist in the implementation of a grid connected mega-watt scale rooftop/distributed solar power project in the city of Vadodara, which involves the installation and operation of grid connected solar panels on rooftops of public and/or private buildings by competitively selected private sector developer(s). IFC will conduct its mandate in two phases. In phase one, IFC will carry out the technical, commercial, legal and regulatory due diligence for the project, and will present the proposed transaction structure to the Government of Gujarat. As part of phase two, IFC will assist the Government, upon approval of the proposed transaction structure, in implementing an open and transparent competitive bid to select a private developer for the project.