We prepared a report to ensure compliance with IFC Performance Standard 1 (PS-1) on environmental and social risk management. The solar power plants, considered for development bank funding, required an Environmental Social Impact Assessment (ESIA) as per the World Bank Equator Principles and IFC PS1. We also used the Ministry of New and Renewable Energy's Environmental and Social Management Framework (ESMF) as a basis for our study.

Our Services

We conducted the ESIA and prepared the Environmental and Social Management Plan (ESMP) for the solar project in line with IFC Performance Standards. The ESMP included:

• Reviewing legal policies and the institutional framework
• Assessing project attributes and evaluating alternatives
• Addressing the energy demand-supply gap
• Analyzing solar energy generation costs and tariffs
• Establishing the baseline environmental and socio-economic status
• Identifying, analyzing, and quantifying potential environmental and social impacts
• Developing mitigation measures within the ESMP
• Facilitating public consultation, participation, and disclosure