World Bank Group
World Bank Group
06/28/2022 | Press release | Archived content
Additional Financing: Rooftop Solar Program for Residential sector
- Abstract
- Key Details
- Finances
- Ratings
- Results
Development Objective
The PDO is to increase installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) and to strengthen the capacity of rele vant institutions for GRPV. The Program Environmental Objective (PEO) is to achieve reductions in GHG emissions through the displace ment of thermal energy with solar energy.
Key Details
Project Details
-
Project ID
P171750
-
Status
Active
-
Team Leader
Amit Jain,Mani Khurana
-
Borrower 2
State Bank of India
- Country
-
Approval Date
(as of board presentation)
June 28, 2022
-
Total Project Cost 1
US$ 0.00 million
-
Implementing Agency
State Bank of India
- Region
-
Fiscal Year 3
2022
-
Commitment Amount
US$ 150.00 million
-
Environmental Category
N/A
-
Last Update Date
June 8, 2022
-
Closing Date
N/A
-
Consultant Services required
Yes
-
Last Stage Reached
Bank Approved
- Associated Projects
-
Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. "Fiscal Year" is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.
Sectors
No data available.
Themes
Environment and Natural Resource Management
-
Energy0%
- Energy Efficiency0%
- Access to Energy0%
- Energy Policies & Reform0%
-
Climate change0%
- Mitigation0%
Footnote: The climate change percentage (climate finance) shown under the Environment and Natural Resource Management Theme refers to the original amount of IBRD/IDA financing that was committed at Board approval stage. The World Bank estimates climate finance ex-ante, using the Joint Multilateral Development Bank (MDB) methodologies for tracking climate finance in climate change adaptation and mitigation.
Project Map
Finances
Financing Plan (US$ Millions)
No data available.
| Financier | Commitments |
| No data available. |
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
| IBRD Commitment | 150.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | Program-for-Results Financing |
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2022
Download:
No data available.
| Financier | Approval Date | Closing Date | Principal | Disbursed | Repayments | Interest, Charges & Fees |
Detailed Financial Activity as of June 30, 2022
Download:
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
Footnotes
*The financial data in this block are updated on a monthly basis. For more information on World Bank lending by country please visit the Country Lending Summaries.
** Principal refers to the original US dollar amount of the loan, credit, or grant that was committed and approved. Disbursements represent increases in the balance outstanding due to payments made to borrowers, as well as capitalized charges (such as loan origination fees on IBRD loans). Repayments refer to the total principal amount paid or prepaid to IBRD or IDA in US dollars, calculated at the exchange rate on the value date of the individual repayment. Repayments include payments made by borrowers, debt relief provided by IDA, and payments made by third parties on behalf of the borrowers. The disbursed amount less the repaid amount, for loans and credits, may not equal the loan or credit balance outstanding due to exchange rate movements.
Ratings
IMPLEMENTATION RATINGS
| PREVIOUS RATINGS | CURRENT RATINGS: 01-01-1900 | |
| N/A | N/a | N/a |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.