IN PARTNERSHIP WITH


#REINVEST2018 Programme: Session Details


Thursday 4 October, 2018 1200 - 1330 IST HALL 6B Session Coordinators

Special Session: US-India Clean Energy Finance Programme

Mr Anjani Nandan Sharan
Joint Secretary (IR), MNRE
E: an.sharan@nic.in
T: 011 24361027
Ms Sukanya Bhadra
E: sukanya.bhadra@cii.in
T: +91 9873441485

To overcome the financing barriers and drive uptake of Distributed Renewable Energy (DRE) across a wide spectrum of developers and off-takers in India, there is a strong need for blended finance structures which can mitigate the risks for private financiers and enable crowding-in of private resources for DRE. This session, through discussions with key stakeholders, aims to highlight the importance of blended finance structures in DRE. It also focuses on two key blended finance structures being implemented: a) US-India Clean Energy Finance, a portfolio preparatory facility which has so far identified 25 projects with US$ 3.5 mn support seeking to catalyze ÙS$ 200 mn of projected debt financing and b) Credit Guarantee Mechanism, a guarantee structure under US-India Catalytic Solar Finance program.

Dhruba Purkayastha

Dhruba Purkayastha

Director, US - India Clean Energy Finance
Climate Policy Initative

Jayant Prasad

Jayant Prasad

Executive Director
cKers Finance

Jiwan Acharya

Jiwan Acharya

Senior Energy Specialist, South Asia Department
Asian Development Bank

John Balbach

John Balbach

Associate Director, Impact Investments
MacArthur Foundation

Mahua Acharya

Mahua Acharya

Ex-Assistant Director-General and Head of Investment and Policy Solutions Division
Global Green Growth Institute

Manish Chourasia

Manish Chourasia

Managing Director
Tata Cleantech Capital Ltd

Pawan Agarwal

Pawan Agarwal

Sr. President & Dy. Head Corporate Finance & Global Head Renewable Energy
YES Bank Ltd

Upendra Bhatt

Upendra Bhatt

Chief Executive Officer
cKinetics