Renewable Resources Development Project

The Renewable Resources Development Project objectives are to promote commercialization of renewable energy technologies by strengthening the capacity of the Indian Renewable Energy Development Agency (IREDA) to promote and finance entrepreneurial investments in alternate energy; create marketing and financing mechanisms for the sale and delivery of alternative energy systems based on cost-recovery principles; help set up the institutional framework for encouraging entry of private sector investors in small-scale power generation; and promote environmentally sound investments to prevent depletion of India's limited forest resources and reduce the energy sector's dependence on fossil fuels.

Area of Evaluation: 

Mitigation

Thematic Cluster: 

Renewable energy

Theme of Evaluation: 

Renewable Energy

Sub Cluster: 

Commercialization support

GEF Funding: 

Yes

Level of Evaluation: 

Country

Region: 

South Asia

Type of Evaluation: 

Project Performance Assessment Report

Institution: 

World Bank

Evaluation Author: 

Operations Evaluation Department

Year of Evaluation: 

2003

Publishing Site: 

Renewable Resources Development Project