Framework loan supporting investment projects that contribute to climate change mitigation.
The proposed project is in line with the EU policy of strengthening the strategic partnership and cooperation with India in the area of climate change, since it would contribute to the efficient use of energy, the development of renewable energy, and the associated avoidance of green house gas emissions.
The operation will support projects that contribute to the reduction of greenhouse gases emissions and other airborne pollutants. The sub-schemes are expected to have limited negative environmental and social impacts. None of the sub-schemes submitted for part-financing by the Bank will have a significant negative impact on sites of nature conservation. Standard safeguards and monitoring procedures will ensure that project implementation is satisfactory and complies in particular with the environmental and social requirements of the Bank.
The procurement procedures applied by the Borrower will comply with the Bank’s Guide to Procurement including the publication of tenders in the Official Journal of the EU when appropriate.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.