46268-001: Clean Energy Finance Investment Program

Project Data Sheet (PDS): Overview


The proposed multitranche financing facility (MFF) totaling $500 million consists of financial intermediation loans to IREDA. The Asian Development Bank (ADB) funds will support lending by IREDA to eligible renewable energy subprojects in India, including wind, biomass, hydropower, solar, and cogeneration technologies. This MFF will leverage private capital to expand sector lending in order to add renewable energy capacity in India. Read More

Country India
Project Number 46268-001
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status Approved
Approval Numbers Loan No. 0087
Loan No. -
Approval Date 30 Oct 2014
ADB Financing ($ thousand) 500,000
Sector Finance
Subsector Infrastructure finance and investment funds
Strategic Agendas Environmentally sustainable growth (ESG)
Inclusive economic growth (IEG)
Drivers of Change Governance and capacity development (GCD)
Knowledge solutions (KNS)
Partnerships (PAR)
Private sector development (PSD)
Gender Equity and Mainstreaming Categories Category 4: No gender elements (NGE)

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Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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