The World Bank under the Program for Results (PforR) Grid Connected Solar Rooftop Programme has clearly mandated The State Bank of India (SBI) to provide loans to only those projects that comply with The World Bank’s ESG framework. The Programme Appraisal Document (PAD) clearly articulates the areas for action under the ESG framework by the SBI based on the (ESSA).
The objective of this study was to understand the gaps in the implementation of recommendations (if any) and enable SBI officials and lender’s independent engineers (LIEs) in the implementation of the proposed actions in relation to the ESG framework.
As- is review of all ESG processes and activities at the institution level
Review of all prepared loan documentations as per the Operational Manual
Information collection and processes undertaken by LIE
Review of training material to SBI officials
Review of ground mounted systems