The knowledge note explains a cost effective, scientifically sound, replicable, and transparent method for demonstrating the robustness of a development project in the face of the risks posed by climate change, natural hazards, and other factors (“decision tree”). The framework is most effective when a wide range of risks must be considered, as is typically the case with high-value hydropower investments.
WB. 2016d. “Toward Climate-Resilient Hydropower in South Asia.” LiveWire. Washington, DC: World Bank. [#4448]
The Guide was developed with the financial and technical support of the European Bank for Reconstruction and Development, the World Bank Group and its Korea Green Growth Trust Fund.
The technical sections are more detailed and can be used as reference, while the permitting/licensing and financing sections are intended to provide general guidelines; each project needs to consider country- and site-specific requirements. It is a complement and not a substitute for IFC’s Performance Standards and other official guidance documents.
The Manual and its annexes provide a set of guidelines and documentation for the procurement of medium and large hydropower projects on a Build-Operate-Transfer (“BOT”) basis. It contains various model documents, including a Model Concession Agreement and Model Power Purchase Agreements.
A Power Purchase Agreement (PPA) specifies the contract between two parties: a) the seller, who generates electricity,and; b) the buyer, who is looking to buy electricity. It defines all the terms for the sale between the two. A PPA secures the payment stream for a Build-Own Transfer (BOT) or concession project for an independent power plant (IPP). It is between the purchaser (often a state-owned electricity utility) and a privately owned power producer.
Examples on the country-level are the standard bidding documents and contracts developed for Argentina (RenovAr )