News On Projects
Products & Services
Projects Database
Tenders Database
E - Newsletter
EPXonline.com
Project Financing
Contracts & Awards
Energy
Electricity
Mining
Oil & Gas
Infrastructure
Airport
Port
Railway
Road
Freezone
Construction
Manufacturing
Cement
Engineering
Automobile
Plastic
Metal
Textile
Paper & Packaging
Leather
Sugar
Edible Oil
Electrical & Electro
Processing
Chemical
Drugs & Pharma
Fertiliser
I-C-T
Communication
IT
Telecom
Water
Pump Station
Water Treatment
Water Supply
Hospitality
Hotel
Restaurant
Resort
Entertainment
Sports
Multiplex
Theme Park
Food & Beverages
Hospital
Service
Social
Science
Irrigation
Government
Policy
Economic Indicators
Company News
Commerce
Miscellaneous
News Uploaded On : Saturday, May 10, 2014 8:56:00 AM IND Back  |  Latest Projects  |  Latest Tenders
 
 E-mail this to a friend        Printable version       Story Viewed 1622 Times
Viability Gap Funding model for solar projects needs financial engineering techniques:India Ratings.
India Ratings in an analysis has said it believes that the viability gap funding (VGF) model for the batch I, phase II of the Jawaharlal Nehru National Solar Mission is prima-facie viable but needs the support of financial engineering techniques to enable timely debt service on these projects. The equipment costs, debt structure and the size of the viability gap funding (VGF) will drive the credit quality of these projects.

Ind-Ra, in its analysis has concluded that the projects under this batch would need a minimum VGF grant of 16% of the project costs (under certain set of assumptions) with an annual declared capacity utilization factor of 19% to be able to achieve timely debt service. The optimum debt/equity mix is 69:31 to achieve a break-even debt service coverage ratio of 1.0x. VGF grants below 16% of project costs could be stressed to meet timely debt service.

ET

Post your comments:

Your name: *
E-Mail Id:
E-mail ID will not be published
Comment: *
Maximum 500 Characters
    
Related Stories
130-MW solar power plant commissioned at Nevyeli.
Kochi airport's canal-top solar plant to be commissioned soon.
JIPMER to set up solar rooftops.
Ramdev's Patanjali to invest Rs. 100 cr for manufacturing solar equipment.
Solar power plant at Kolkata airport ready.
'Clarify stand on thermal plants'.
Minister commissions Kinalur 110-kV sub-station.
SPIC to set up floating solar plant in Tuticorin.
Chattisgarh power project still on: D.K. Shivakumar.
Global focus on Kurnool solar park.
RELATED PROJECTS & TENDERS
ADVERTISEMENT
MOST POPULAR STORIES NOW
For all enquiries please contact
Tel: 022 - 25961254, 25960909
Mobile: 9821464666/09751178830
Mail: marketing@newsonprojects.com

OUR OTHER PRODUCTS & SERVICES:    Projects Database   |   Project e-Newsletter   |   Tenders Database   |   Commissioned Power Plants   |   Company Index
About Us   |   Contact Us   |   Terms of Use   |   Advertise with Us   |   Privacy Policy   |   Disclaimer   |   Feedback