SAREP aims to mobilize private investments for the South Asia power sector. SAREP will support government entities in the region to assure that adequate investment is mobilized in areas pertaining to clean energy (RE, energy storage, RTC, green hydrogen), EE, and T&D.
SAREP will identify opportunities in the above themes through research, stakeholder consultations, and market activities (e.g., government tender announcements, and corporate announcements regarding net-zero commitments). This is an ongoing exercise and will continue throughout the life of the SAREP program, ensuring focus on relevant opportunities.
SAREP also seeks to provide technical assistance (TA) support to government entities (central government and SAREP partner states) and PSUs (Central and SAREP partner states) across India to mobilize private investment in the clean-energy space.