The Tamilnadu Industrial Investment Corporation Ltd
(A Government Of Tamil Nadu Undertaking)
Funding Success...

Scheme for Wind Power Projects

 

Objective

To encourage entrepreneurs to set up private unit for captive consumption of renewable energy by installing wind mill.

 

Eligibility New/existing units in operation for 3 years.
Eligible Borrower Any new or existing unit
Promoter’s contribution

New clients         : 35%

Existing units      : 25%

Debt Equity Ratio 2 : 1 (Overall)
Repayment period  5  years including a holiday period of 3 months 
Collateral 20% on  term loan.
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