Purpose

Support the implementation of an innovative financing mechanism in order to reduce by 30-40% the consumption of the street lighting network in the cities of Madhya Pradesh.

Main Activities

• Prepare baseline data for use in the tendering purpose for ESCO projects;
• Develop tender documents for the benefits of the Municipal Corporation;
• Launch the tender;
• Select the winning ESCO to implement the project and negotiate the contract between the ESCO, Municipal Corporation and MPSEB;
• Supervise the project implementation and insuring the fair application of the performance contracting concept by all parties;
• Search for a carbon buyer and supporting the trade of the CERs.

Expected Impact

• Reduction in energy consumption and associated cost savings;
• Improved efficiency;
• Replication across other states and countries.