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Ques. In India where can the Wind Farm can be
installed?
Ans. - In India the Wind farms can be installed at MNES identified
potential sites, where it has a mean annual wind power density of
200 W/m2 or more at 50m above ground level.
Ques. What is the minimum size of Wind
Turbine that JREDA provides finance for?
Ans. - JREDA provides finance for Wind Farm projects
having eligible machines of minimum capacity 225 kW and above.
Ques. What is JREDA's Equipment Financing
Scheme for Wind Sector?
Ans.- JREDA's Equipment Financing Scheme for Wind Sector is for
sanctioning loan upto 1.00 MW Wind farm.
Ques.
What
is JREDA's Project Financing Scheme?
Ans. JREDA's Project Financing Scheme is for sanctioning loan
where selection of machines are based on RFQ
(Request for Quotation) evaluation procedure.
It provides finance up to 70%(Subject to change as per JREDA's
guidelines applicable at the time of loan sanction) of the
eligible project cost.
Ques. What is JREDA's Project Financing
Scheme for Wind Sector?
Ans. JREDA's Project Financing Scheme for the Wind Sector is for
sanctioning loan where selection of machines
are based on RFQ (Request for Quotation) evaluation procedure. It
provides finance up to 70% (Subject to change
as per JREDA's guidelines applicable at the time of loan
sanction) of the eligible project cost.
Ques. Does JREDA provide finance to second
hand Wind Farm Project or Equipment?
Ans. JREDA does not provide finance for second hand Wind Farm
Projects and Equipment.
Ques. What are the securities JREDA
stipulates against the financing of a Wind Farm Project or
Equipment?
Ans. JREDA stipulates security against the financing of a Wind
Farm Project or Equipment as per JREDA's
financing guidelines, risk perception nature of industry and
background of each case.
Ques.
What is a Moratorium Period and what is the maximum moratorium
period available in Wind Sector?
Ans.- The moratorium period is the period during which borrowers
repay only interest on loan and the maximum
moratorium period available in Wind Sector is up to one year.
Ques. Can an individual apply for loan to JREDA for setting up a Wind farm Project?
Ans.- Yes, if security of Bank Guarantee/Pledge of FDR issued by
from scheduled Commercial Bank is provided.
Ques. Which machines are eligible for JREDA's finance?
Ans. The machines, which are approved by MNES, are eligible for
JREDA's finance.
Ques.
What is the list of assets?
Ans.- The list of assets consists of details of all equipment and
machinery including land for the project with
corresponding cost. The list assets should be certified by the
Managing Director/Authorized Director of the
company and countersigned by the statutory auditor of the company.
Ques. Is there any MNES subsidy available
for setting up Wind Farm Project under JREDA's finance?
Ans. There is no MNES subsidy available for setting up Wind Farm
project under JREDA's finance
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