Scheme for Wind Power Projects
| Objective |
To encourage entrepreneurs to set up private unit for captive consumption of renewable energy by installing wind mill.
|
| Eligibility | New/existing units in operation for 3 years. |
| Eligible Borrower | Any new or existing unit |
| Promoter’s contribution |
New clients : 35% Existing units : 25% |
| Debt Equity Ratio | 2 : 1 (Overall) |
| Repayment period | 5 years including a holiday period of 3 months |
| Collateral | 20% on term loan. |
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