Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date 10 Aug 2012
PDS Updated as of 12 Sep 2014

Project Name Off Grid Pay-As-You-Go Solar Power
Borrower/Equity Investment Name OFF-GRID PAY-AS-YOU-GO SOLAR PROJ SIMPA NETWORKS
Country India
Project/Program Number 46931-014
Status Approved
Geographical Location India
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector Energy
Subsector Renewable Energy
Strategic Agendas
Drivers of Change
Gender Equity and Mainstreaming Categories

Project Sponsor

OFF-GRID PAY-AS-YOU-GO SOLAR PROJ SIMPA NETWORKS

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
PS7381Direct Investment
(Fully Disbursed)
USD 2,000

Safeguard Categories

For more information about the safeguard categories, please see http://www.adb.org/site/safeguards/safeguard-categories

Environment C
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Issues

Environmental Aspects
The Investment is classified as category C for impacts on the environment, involuntary resettlement, and indigenous peoples. The company's business activities have minimal or no adverse environmental impacts, and are unlikely to entail impacts on involuntary resettlement and indigenous peoples. Simpa Networks will ensure that investments using ADB funds abide by applicable national laws and regulations.
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

Description

Off Grid Pay-As-You-Go Solar Power

Objectives and Scope

Simpa Networks provides simple, affordable and accessible solar energy to underserved consumers in India using a proprietary metering and payment system based on short messaging service (SMS) using mobile phones. The metering solution can be embedded in standalone products such as solar home systems (SHS) and can also be used by micro grid developers as a flexible metering, customer and revenue management solution. The investment will contribute to increased access to electricity in rural India. Although not being measured, increased access to electricity will result in improved education, health and productivity outcomes. Access to electricity enables children to study beyond sunset and replacement of smoky fuels such as kerosene with clean solar energy improves air quality, thereby improving respiratory health of household members. Access to electricity also improves productivity and contributes to increasing rural household incomes. Successful implementation of the project across India will offer opportunities for replication across DMCs. The investment is also expected to have a positive demonstration effect leading to increased private equity and venture capital funding for off grid energy services in India.

Project Rationale and Linkage to Country/Regional Strategy

Access to energy for all is an important pillar of ADB s Energy Policy. Maximizing access to energy for economic and social development under its Energy for All Initiative is part of ADB s inclusive growth strategy. The Energy for All Initiative aims to share knowledge and to identify and scale up successful models that will bring energy to the poor across Asia. On the regional level, the Energy for All Initiative is supporting a new regional partnership the Energy for All Partnership. Through the collective effort of partners, the Energy for All Partnership aims to extend access to energy to an additional 100 million people in Asia and the Pacific by 2015. The investment is also directly aligned with ADB s Asia Solar Energy Initiative, which aims to help develop, finance, and commission 3,000 megawatts (MW) of solar power generation capacity including off grid projects, in DMCs by May 2013.

Outputs and Implementation Progress

Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
The project is currently under implementation.
Status of Operation / Construction
The project is currently under implementation.
Material Changes

Business Opportunities

Date of First Listing
Consulting Services
Procurement and Consulting Notices
http://www.adb.org/projects/46931-014/business-opportunities

Timetable

Concept Clearance 07 Aug 2012
Due Diligence Mission 09 Sep 2012 to 11 Sep 2012
Investment Committee Meeting 12 Nov 2012
Approval 15 Jan 2013

Contacts and Update Details

Responsible ADB Officer Aniruddha V. Patil (apatil@adb.org)
Responsible ADB Department Private Sector Operations Department
Responsible ADB Divisions Infrastructure Finance Division 1

Links

Project Website http://www.adb.org/projects/46931-014/main
List of Project Documents http://www.adb.org/projects/46931-014/documents