India

The main objective of the project is to identify the relevant stakeholders, analyze policy, and assess investment opportunity in city gas and district cooling market in India.

Project Descriptions: 1) Develop a strategic framework including financing mechanisms for the design and implementation of energy efficiency projects for municipal water utilities through private sector participation; 2) Define the energy services performance contracting (ESPC) approach and identify and evaluate various options for application of ESPC to public sector projects; 3) Apply this framework to the case of the Delhi Jal Board, to test its relevance and practicality; 4) Enable effective dissemination of the framework to other Indian water utilities through a workshop organized by the World Bank; and 5) The framework developed in this project was structured to be replicable for other water utilities in India and the region.

Project Descriptions: 1) Identify existing barriers to the establishment of an energy efficiency (EE) market, and the appropriate policy interventions to address these barriers; 2) Conduct a market assessment to define the key market segments that will be targeted for EE projects funded by the follow-on ADB loan; 3) Develop a set of financial products that can be provided to energy users, ESCOs, and financial institutions to help finance and implement EE projects; 4) Identify the existing and potential ESCOs that will provide EE project services to energy consumers using the financial products; 5) Identify the appropriate Executing Agency and financial intermediaries that will serve as the channels to deliver these financial products to the targeted markets; and 6) Develop an initial set of bankable EE projects for funding under the ADB loan.