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SBP introduces this refinance facility for installing renewable energy source-based projects / solutions for generation of electricity under following categories;

Category I: Prospective sponsors to set up of renewable energy power projects with a capacity ranging from more than 1 MW to 50 MW

Category II: Prospective sponsors to install renewable energy source-based projects/solutions for generation of electricity up to 1 MW

Category III: Financing to Vendors and suppliers certified under AEDB for installation of wind and solar systems on lease basis or selling of electricity to ultimate owners/users up to 5 MW

 

Salient Features:

Features Category I Category II Category III
Tenor of Financing Up to 12 years Up to 10 years Up to 10 years
Grace Period Up to 2 years Up to 3 months
Mode of Financing IFRE will be financed through Ijarah and Diminishing Musharakah
Refinance Rate: 6.00%
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