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Design and Establish a Risk Mitigation Mechanism in India

To design and establish a risk mitigation mechanism to manage the investment risks in renewable energy in India.

Location

India
28° 36' 0" N, 77° 12' 0" E
Main activity and output: 
  • Develop a Risk mitigation framework
  • Assess existing risk mitigation options
  • Select risk mitigation measures
  • Inform dissemination through national workshop
  • Develop a pilot programme for implementing risk management mechanism
  • Documentation
  • Actual investment/disbursement of financial assistance in RE sector in India
  • Increased awareness of risk mitigation products contributing to increase in size of Renewable energy market in India post implementation of the project.
Expected impact: 
  • Increased private sector participation in renewable based generation
  • Decreased dependence on conventional energy based generation, although quantification may be difficult at this stage
  • Local employment generation
  • Reduction in CO2 emission resulting in positive impact on environment.
  • The initiative would also result in meeting Millenium Development Goals (MDGs) as it would address specific issues such as - poverty reduction, access to cleaner form of energy and other basic services, which would be enabled in presence of provision of energy through renewable sources.