External Commercial Borrowings (ECB) by Holding Companies / Core Investment Companies for the project use in Special Purpose Vehicles (SPVs)
RBI/2013-14/397 A.P. (DIR Series) Circular No. 78 December 3, 2013 To All Authorised Dealer Category I Banks Madam / Sir External Commercial Borrowings (ECB) by Holding Companies / Core Investment Companies for the project use in Special Purpose Vehicles (SPVs) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the A.P. (DIR Series) Circular… Read More
Tags: Capital expenditure, Central bank, ECB, European Central Bank, Foreign Exchange Management Act, Holding company, Reserve Bank, Special purpose entity, SPV, SPV GmbH
Subsidy for Solar Energy Units
No subsidy is given by the Government on the capital investment for setting up grid-connected solar power plants. These are installed on build own, operate basis, and the solar project developer is paid a feed-in tariff for the power injected into the grid. However, under the Rooftop Photovoltaic and Small Solar Power Generation Programme (RPSSPGP)… Read More
Tags: Farooq Abdullah, Jawaharlal Nehru National Solar Mission, JNNSM, Off-the-grid, Renewable, Solar power, SPV GmbH, Watt
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