Particulars | Scheme Guidelines |
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Purpose | For setting up of Compressed Bio-Gas (CBG) plants. |
Area of Operation | All states and Union Territories. |
Target Group & Eligibility | Entrepreneurs who have been awarded Letter of Intents (LOIs) by Oil & Gas Marketing Companies (OMCs) for supply of Compressed Bio Gas under SATAT Scheme. Obtention of LOI from OMCs is a pre-condition for processing the loan. |
Nature of Facility | Term Loan, Working Capital |
Quantum of loan | Up to Rs.100 Crores |
Margin | Term Loan: 15-25% of Project Cost. Project cost shall include all components including margin money for Working Capital as per Bank guidelines on financing Term Loan / Project loans. Working Capital: 15-25% |
Eligible Rating | Moderate risk and better. |
Rate of Interest | Competitive rate of interest is available on loans under the scheme |
Processing fee/Service charges | Processing/upfront fees applicable as per Agriculture Advances |
Security |
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Repayment Period | Term loan repayable in 10-15 years. Repayment of loan installments will be fixed based on the cash flow with suitable moratorium period. |
Classification | Priority Sector – Agriculture - Agriculture Infrastructure |
Capital Subsidy – Subject to availability of Notification from MNRE , GOI and based on the performance of the project for atleast three consecutive months |
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