Page 87 - GIZ CAFRI Report

Project Approach

With the assistance of the e project aims e project has a innovative Accordingly, 70% of the total
GCF, project will receive to tap around 250 structure of co-nancing loan funds under the project
the necessary MW of solar component, the GCF are expected to be utilized
concessional nance to rooftop capacity in resources will cover up to 40% towards sub-projects under
develop a t-for-purpose the country. of the upfront system and the Capital expenditures
framework to allow the installation costs with project (CAPEX) model. Operating
ambitious scale up of funding of 40% and the expenses (OPEX) model
solar roof top capacity in balance 20% would be in form shall form majority of the
India. of equity from consumers. balance 30% till the pooling
of solar rooftop assets model
gains traction.

Outputs/Outcomes
8.17 million
This project is
contributing towards This project would tonnes of CO2
equivalent over
Government of India’s contribute to deployment 25 years The concessional
ambitious target of solar rooftop capacity of financial
100 GW 250 MW resources

of solar power and reduction of around extended by GCF is being
capacity including used to finance the
40 GW investments in the sector
addressing the present
through solar rooftop challenges of the sector

The project is estimated to help
create between
5000 and 7500

jobs, between manufacturing,
construction and installation
(MCI) jobs, and operation and
maintenance (O&M) jobs

Solar rooftop systems installed at various locations
across the country

87
Climate Change Interventions of
NABARD – A Glimpse