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Additional Financing for Grid-Connected Rooftop Solar Program

Development Objective

The PDO is to increase installed capacity of Grid-connected Rooftop Solar Photovoltaic (GRPV) and to strengthen the capacity of relevant institutions for GRPV. The Program Environmental Objective (PEO) is to achieve reductions in GHG emissions through the displacement of thermal energy with solar energy.

Key Details

Project Details

  • P160018

  • Active

  • Amit Jain , Mani Khurana

  • State Bank of India

  • India

  • September 23, 2016

  • (as of board presentation)

    November 15, 2016

  • January 19, 2017

  • US$ 524.94 million

  • State Bank of India

  • South Asia

  • 2017

  • US$ 22.94 million

  • N/A

  • February 28, 2022

  • November 30, 2027

  • BANK APPROVED

  • P155007

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
GLOBAL ENVIRONMENT - Associated IBRD Fund 500.00
Borrower/Recipient 2.00
Global Environment Facility (GEF) 22.94

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 22.94
Total Project Cost** 524.94

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2018-06-22
Progress towards achievement of PDO Satisfactory 2018-06-22
Monitoring and Evaluation Satisfactory 2018-06-22

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.