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How can target lender be a game changer in RTS story and associated - PowerPoint PPT Presentation

How can target lender be a game changer in RTS story and associated hurdles Mr. K. P. Baiju DGM, CPPD SBI 16 June 2020 SBI- Debt financing for Grid Connected Rooftop projects USD 625 million line of credit from World Bank for Rooftop


  1. How can target lender be a game changer in RTS story and associated hurdles Mr. K. P. Baiju DGM, CPPD SBI 16 June 2020

  2. SBI- Debt financing for Grid Connected Rooftop projects ❖ USD 625 million line of credit from World Bank for Rooftop Solar Projects. ❖ Dedicated for Commercial, Industrial and Public and Private Institutional borrowers. SBI is leading the debt financing efforts in India for ❖ Facility is available for both Capex and Opex mode of operation. Rooftop solar to help Government of India achieve ambitious target of ❖ SBI has different Financing schemes 100 GW solar installations. 1. GCRSPV* projects exceeding 1 MW capacity 2. GCRSPV projects upto 1 MW capacity 3. e-DFS scheme for petrol pump owners 4. Reimbursement facility on the commissioned projects * GCRSPV- Grid Connected Rooftop Solar Photo Voltaic 00

  3. World Bank- SBI Line of Credit: Salient features ❖ Two dedicated modes for convenience of borrowers: 1. Program mode: • A line of credit will be available for multiple projects under this facility. • SBI has dedicated regional Minimum aggregate projects capacity - 1 MWp. branches for borrowers to • Minimum capacity of individual projects - 20 kWp. avail the facility under both Opex and Capex business 2. Project mode: model. • Proposal include single project. • Minimum project capacity to be submitted shall be 100 kWp ❖ Rate of interest – 1 year MCLR* + 20-50 bps * MCLR- Marginal Cost of Lending rate, 00

  4. SBI rooftop solar lending across India Debt sanctioned by SBI • Dedicated cell for prospective customers to resolve queries. 236 USD Million • Lending to NBFC, Business segments working on Opex and 432 Capex model 212 212 Sanctioned 432+ 165.6 Debt MW • Customized lending solutions for Million US$ Million US$ Capacity * Disbursed USD Million MW small players in rooftop solar space. • Specialized line of credit availability for Petrol pump owners. 234 • Lending facility at attractive terms on project as well as portfolio basis. Accounts opened

  5. Thank You

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