Clean Energy for Rural Development (RECIII)
The Rural Electrification Corporations (RECs) core business is the financing and promotion of power generation, transmission and distribution to allow for rural electrification in India. The project aimed at strengthening the institutions competitiveness and role in the field of financing Renewalble Energies (RE) in India. One of the main tasks was the development of an environmental and social impact assessment system (ESMS), including the preparation of an ESMS manual encompassing the integration of E&S elements into REC’s credit processes, Stakeholder Engagement & Communication and recommendations for the establishment of a grievance redress mechanism, reporting requirements, and others.