Overview – Islamic Financing Facility for Renewable Energy
SBP introduces this refinance facility for installing renewable energy source-based projects or solutions for electricity generation under the following categories:
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Category I: Prospective sponsors to set up renewable energy power projects with a capacity ranging from more than 1 MW to 50 MW
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Category II: Prospective sponsors to install renewable energy source-based projects/solutions for electricity generation up to 1 MW
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Category III: Financing for vendors and suppliers certified under AEDB to install wind and solar systems on lease or for selling electricity to end-users/owners up to 5 MW