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Q1.
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What is the sectoral
eligibility for availing loan?
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Ans.
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Biomass Power:
The direct combustion power projects having capacity of 1
to 10 MW with minimum steam generation pressure of 63 Kg. / Cm2 are
eligible. However the IREDA loan will be restricted to 7.5 MW Capacity.
Biomass Cogeneration:
- Small scale Cogeneration Projects (except
sugar industries ) up to 7.5 MW installed
capacity with steam generation pressure of 63 Kg. / Cm2 are
eligible.
- The projects having above 7.5 MW installed
capacity (both for sugar and non-sugar industry) with steam generation pressure
of 63 Kg. / Cm2 are
eligible.
- IREDA also has additional / bridge loan
scheme for SDF supported Bagasse based Cogeneration projects in addition to its
normal scheme for term loan.
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Q2.
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Is DPR required to be prepared by a reputed consultant?
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Ans.
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Yes, Consultants, who are involving in the power sector,
are preferred.
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Q3.
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What are the appraisal requirements?
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Ans.
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Project
should have been registered with IREDA. Detailed project report along with cost
estimates and other relevant information & clarifications as requested by
IREDA should have been submitted / clarified.
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Q4.
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What are the eligibility requirements for availing loan?
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Ans.
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For
Eligibility Requirements please refer to the General Eligibility
Conditions of IREDA’s Financial Guidelines.
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Q5.
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What is the Security that is required to be furnished?
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Ans.
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For
Security Requirements please refer to Security (Project Financing Scheme)
of IREDA’s Financial Guidelines.
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Q6.
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How much time does it take for the loan to get
sanctioned?
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Ans.
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Normally, IREDA sanctions a project within 90 days of
registration of the same, provided complete details / papers are submitted by
the applicant and the project is found viable from technical, financial and
legal point of view.
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Q7.
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Who are the Suppliers / Consultants?
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Ans.
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Click
Here for the List…
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Q8.
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What is the capacity limitation?
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Ans.
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Biomass Power:
1 to 10 MW (However, IREDA loan will be restricted to 7.5
MW Capacity.
Biomass Cogeneration:
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For Sugar Industry: above 7.5 MW
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