Asian Development Bank (HQ)

Solar Rooftop Investment Program: Capacity Development

Last update: Aug 1, 2024 Last update: Aug 1, 2024

Details

Locations:India
Start Date:May 8, 2024
End Date:Jan 8, 2027
Contract value: USD 1,268,900
Sectors:Energy, Inst. Devt. & Cap. building
Energy, Inst. Devt. & Cap. building
Categories:Consulting services
Date posted:Aug 1, 2024

Associated funding

Associated experts

Description

TA No: TA-9187

Executing Agency: Ministry of New and Renewable Energy (MNRE)

Project number: 49419-001

Project name: Solar Rooftop Investment Program

Description: Capacity Development

Objective and Purpose of the Assignment
The objective and purpose of the assignment are to support Ministry of New and Renewable Energy (MNRE), Government of India (GoI) in development of solar rooftop (SRT) market in residential consumer category (and/or other consumer categories as and when allowed by MNRE), through implementation of innovative business models. The market development should lead to deployment of capacities on-ground in select states across the country, and development of subprojects for financing under Solar Rooftop Investment Program (SRIP) multitranche financing facility (MFF) through financial intermediaries (FIs) – SBI and NABARD. The capacity development exercise should also cater to ecosystem development in terms of policy and regulations, monitoring, capacity building, project management, IT and digital tools, financing, and training of designated officials of FIs on solar rooftop sector. The ultimate output of the assignment is implementation of projects and to support MNRE, Financial Intermediaries (FIs) of Solar Rooftop Investment Program (SRIP), distribution companies (DISCOMs) and State Nodal Agencies (SNAs) and other stakeholders in market development of solar rooftop in India.

Duration: 32 Month

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