<list list-type="bullet"><list-item>Lending rates for Wind Energy Projects reduced by 1.50 – 2.00 points</list-item><list-item>Rebate of 1.00–2.00 points in the interest rates will be given for the loan sanctioned under World Bank Line of Credit for Energy Efficiency Sector</list-item><list-item>Lending rates for Biomass Cogeneration and Biomass Power generation sector reduced and made uniform rates irrespective of boiler pressures</list-item><list-item>Repayment period rationalized</list-item><list-item>Front-end-fee reduced by 0.5–0.75 points</list-item><list-item>Rebate for furnishing Bank Guarantee as security increased from existing 1% to 1.5% in the lending rates</list-item><list-item>Premium charged for resetting interest rates reduced from existing 50% to 10%</list-item><list-item>Eligibility condition for NBFC relaxed stipulating DER of 5:1 against existing 3:1</list-item><list-item>Project eligibility criteria relaxed by allowing one-year-old commissioned projects</list-item><list-item>Financing of SHP over 25 MW station capacity under co-financing/consortium finance is allowed</list-item><list-item>Security conditions for Energy Efficiency projects liberalized</list-item></list></sec></body></article></article></body></html>

BEE

Bulletin on Energy Efficiency

0972-3102

Indian Renewable Energy Development Agency Ltd.

bee-5-6-004

Ireda

Highlights of changes in IREDA's financing policy

62005

562020

<list list-type="bullet"><list-item>Lending rates for Wind Energy Projects reduced by 1.50 – 2.00 points</list-item><list-item>Rebate of 1.00–2.00 points in the interest rates will be given for the loan sanctioned under World Bank Line of Credit for Energy Efficiency Sector</list-item><list-item>Lending rates for Biomass Cogeneration and Biomass Power generation sector reduced and made uniform rates irrespective of boiler pressures</list-item><list-item>Repayment period rationalized</list-item><list-item>Front-end-fee reduced by 0.5–0.75 points</list-item><list-item>Rebate for furnishing Bank Guarantee as security increased from existing 1% to 1.5% in the lending rates</list-item><list-item>Premium charged for resetting interest rates reduced from existing 50% to 10%</list-item><list-item>Eligibility condition for NBFC relaxed stipulating DER of 5:1 against existing 3:1</list-item><list-item>Project eligibility criteria relaxed by allowing one-year-old commissioned projects</list-item><list-item>Financing of SHP over 25 MW station capacity under co-financing/consortium finance is allowed</list-item><list-item>Security conditions for Energy Efficiency projects liberalized</list-item></list></sec></body></article></article></body></html>