EIL is the major sponsor (directly or in partnership with Enercon GMBH) of more than 40% of the total installed capacity in both sites (Karnataka – where EIL owns 8.4 MW out of 16.8 MW and Rajasthan where EIL owns 24 MW out of 58 MW total capacities). Project sponsors for each individual projects are as follows: - Karnataka Enercon Wind Farm (India) Ltd. (a subsidiary of Enercon (India) Ltd.) - 8.4 MW; CEPCO Industries Pvt Ltd. - 8.4 MW; - Rajasthan Enercon Wind Farm (Jaisalmer) Ltd. (a subsidiary of Enercon (India) Ltd.) – 24.6 MW; Shriram Transport Co - 4.2 MW. LNJ Group - 4.2 MW R.K. Marbles Group - 6.0 MW Desai Brothers Ltd - 3.0 MW Texmo Group - 2.4 MW Texmo Precision Casting (Texmo Group) 1.8 MW Venlon Polyester Film Ltd - 3.0 MW Dinesh Pouches Ltd – 3.6 MW Compucom Ltd - 1.2 MW Hindustan Platinum Ltd - 1.2 MW Revathi Equipment Ltd. - 2.4 MW Renaissance Asset Management Co. Pvt. Ltd. - 1.2 MW Dempo Industries Pvt Ltd – 0.6 MW

The value of INCaF’s contract or emissions reductions purchase agreement to purchase CERs is expected to be in the range of $ 7-8 million, payable in installments on annual delivery of CERs (generated through to the end of 2012) to the CDM registry account of the Netherlands.

Karnataka windfarm: The Jogimatti Wind Zone is situated in Chitradurga District in the State of Karnataka, India. Chitradurga is approximately 200 Km from Bangalore City, adjacent to the Bangalore – Mumbai highway. The JK Wind Zone, where the 16.8 MW windpark is located, has an annual mean wind speed (at 25 m height) of 31 Km/Hr and an annual mean wind power density of 582 W/m2. Rajasthan windfarm: The Jaisalmer Wind Zone is situated in Jaisalmer District, and includes 58.2 MW of the bundled 75 MW. The recorded annual wind speed of Jaisalmer wind zone at 25 m is 17.8 Km/Hr with an annual mean wind power density of 159 W/m2.

IFC’s goal is to encourage emerging market private sector participation in the carbon market by providing value-added services to support project’s long term sustainability. As a global investor and advisor committed to developing sustainable private sector in emerging markets, IFC is well positioned to assist project sponsors to participate in the carbon market. IFC’s experience and knowledge in evaluating and financing private sector projects in developing countries is leveraged to structure contracts that minimize the risks associated with the delivery of CERs from projects. The sale of CERs from its wind-parks allows EIL to partially fund its investments in expansion of its renewable energy capacity. In addition to that, the bundling of small scale projects by EIL helps bring the benefit of a long term arrangement with a reputable institution to projects which scale wouldn’t have allowed them to tap the wholesale emissions reductions markets otherwise.

This is a Category B project according to IFC’s Procedure for Environmental and Social Review of Projects because a limited number of specific environmental and social impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. The review of this project consisted of appraising technical and environmental/social information submitted by the project sponsor. The following potential environment, health and safety and social impacts of the projects were analyzed. The review of this project consisted of appraising environmental and social information submitted by the project sponsor and site visits to EIL’s wind farm installations in Jaisalmer and turbine manufacturing facility at Daman. The following potential environment, health and safety and social aspect of the project (s) were analyzed:

site selection process used for existing and proposed new wind farms;
environmental, social, and health and safety management systems;
national and local permitting requirements;
source and volumes of water required including efforts to minimize water use;
source of power and energy, including fuel storage if applicable;
air emissions and compliance with local and World Bank Group (WBG) emissions limits;
ambient air quality and noise impacts on nearby receptors;
recycling and treatment of process effluent and waste water;
hazardous materials management;
occupational health and safety programs and performance;
fire and life safety and emergency response;
minimization, recycling and disposal of solid and hazardous wastes;
biodiversity conservation;
involuntary resettlement and potential economic displacement;
corporate social responsibility efforts, including HIV/AIDS awareness; and
timely reporting on environmental and social performance to IFC.
Location of environmental documents in locally affected community
Environmental documentation will be made available at the following locations: 208, Prestige Center Point Cunningham Road Bangalore 560 052, India. Enercon India Limited Shrinikethan I Cross, V.P. Extension Chitradurga 577 501, Karnataka, India. Enercon India Limited 131, Devikunj, Opposite All India radio Jaynarayan Vyas Colony Jaisalmer 345 001, Rajasthan, India.