#hydro power project loan

[financesevaloan]

Project Report Sample  

A project report sample is a significant document needed for a bank loan or any other investment. It contains all the information about the scheduled business model and includes all the information such as technical aspects, managerial, economic, and financials of the business or project report in question.

Sample of a project report

Enterprise – Basic details

Profile of group – Field of expertise, years of existence, etc.

Project proponent – List & details of promoters and directors

Proposed shareholding – Details of promoter with no. of shares and amount.

Associate concern - (brief about parent company)

Management team – Details of a specific person

Executive summary – Summarize whole project report in short.

Description of project – Describing business model & objectives.

Statutory clearance - Environmental clearance, Forest & Wildlife clearance, and other applicable statutory permissions

Security offered to FI or Banks  

Description of product – History, properties, uses & application, standard and specification of the product.  

Location of the project – Materials, equipment, etc.

Market survey - Present Market Position, Market opportunity, Statistics of Import & Export, Export Prospect, Marketing Strategy, Competitor Analysis, Name & Address of Existing Units

Technical Feasibility – Land & building, raw material, water, steam, power, etc.

Process and technology description – Technology requirement and manufacturing process.

Commercial viability - Environmental aspect, Environmental cost benefit analysis, social aspect, SWOT Analysis, Subsidy

Proposed schedule for approval  

Size of magnitude of operation - Proposed Production Capacity, Cost of the Project  

Activities required for the project

Financial viability

[batboyblog]

Things Biden and the Democrats did, this week #13

April 5-12 2024

President Biden announced the cancellation of a student loan debt for a further 277,000 Americans. This brings the number of a Americans who had their debt canceled by the Biden administration through different means since the Supreme Court struck down Biden's first place in 2023 to 4.3 million and a total of $153 billion of debt canceled so far. Most of these borrowers were a part of the President's SAVE Plan, a debt repayment program with 8 million enrollees, over 4 million of whom don't have to make monthly repayments and are still on the path to debt forgiveness.

President Biden announced a plan that would cancel student loan debt for 4 million borrowers and bring debt relief to 30 million Americans The plan takes steps like making automatic debt forgiveness through the public service forgiveness so qualified borrowers who don't know to apply will have their debts forgiven. The plan will wipe out the interest on the debt of 23 million Americans. President Biden touted how the plan will help black and Latino borrowers the most who carry the heavily debt burdens. The plan is expected to go into effect this fall ahead of the election.

President Biden and Vice-President Harris announced the closing of the so-called gun show loophole. For years people selling guns outside of traditional stores, such as at gun shows and in the 21st century over the internet have not been required to preform a background check to see if buyers are legally allowed to own a fire arm. Now all sellers of guns, even over the internet, are required to be licensed and preform a background check. This is the largest single expansion of the background check system since its creation.

The EPA published the first ever regulations on PFAS, known as forever chemicals, in drinking water. The new rules would reduce PFAS exposure for 100 million people according to the EPA. The Biden Administration announced along side the EPA regulations it would make available $1 billion dollars for state and local water treatment to help test for and filter out PFAS in line with the new rule. This marks the first time since 1996 that the EPA has passed a drinking water rule for new contaminants.

The Department of Commerce announced a deal with microchip giant TSMC to bring billions in investment and manufacturing to Arizona. The US makes only about 10% of the world's microchips and none of the most advanced chips. Under the CHIPS and Science Act the Biden Administration hopes to expand America's high-tech manufacturing so that 20% of advanced chips are made in America. TSMC makes about 90% of the world's advanced chips. The deal which sees a $6.6 billion dollar grant from the US government in exchange for $65 billion worth of investment by TSMC in 3 high tech manufacturing facilities in Arizona, the first of which will open next year. This represents the single largest foreign investment in Arizona's history and will bring thousands of new jobs to the state and boost America's microchip manufacturing.

The EPA finalized rules strengthening clean air standards around chemical plants. The new rule will lower the risk of cancer in communities near chemical plants by 96% and eliminate 6,200 tons of toxic air pollution each year. The rules target two dangerous cancer causing chemicals, ethylene oxide and chloroprene, the rule will reduce emissions of these chemicals by 80%.

the Department of the Interior announced it had beaten the Biden Administration goals when it comes to new clean energy projects. The Department has now permitted more than 25 gigawatts of clean energy projects on public lands, surpass the Administrations goal for 2025 already. These solar, wind, and hydro projects will power 12 million American homes with totally green power. Currently 10 gigawatts of clean energy are currently being generated on public lands, powering more than 5 million homes across the West. 

The Department of Transportation announced $830 million to support local communities in becoming more climate resilient. The money will go to 80 projects across 37 states, DC, and the US Virgin Islands The projects will help local Infrastructure better stand up to extreme weather causes by climate change.

The Senate confirmed Susan Bazis, Robert White, and Ann Marie McIff Allen to lifetime federal judgeships in Nebraska, Michigan, and Utah respectively. This brings the total number of judges appointed by President Biden to 193

[mostlysignssomeportents]

Canada's privatised shadow civil service

PJ O’Rourke once quipped that “The Republicans are the party that says government doesn’t work and then they get elected and prove it.” But conservative parties have unlikely allies in the project to discredit public service: neoliberal “centrist” parties, like Canada’s Liberal Party.

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/01/31/mckinsey-and-canada/#comment-dit-beltway-bandits-en-canadien

The Liberals have become embroiled in a series of scandals over the explosion of lucrative, secretive private contracts awarded to high-flying consultancy firms who charge hundreds of times more than public sector employees to do laughably bad work.

Front and centre in the scandal, is, of course, McKinsey, consligieri to opioid barons, murdering Saudi princes, and other unsavoury types. McKinsey was brought in to “consult” on strategy for the Business Development Bank of Canada (BDC), a Crown corporation that gives loans to Canadian businesses.

https://www.cbc.ca/news/politics/business-development-bank-canada-hudon-mckinsey-1.6720914

While there, McKinsey performed as per usual, veering from the farcical to the grotesquely wasteful. Most visible was the decision to spend $320,000 on a livecast fireside chat between BDC president Isabelle Hudon and a former Muchmusic VJ that was transmitted to all BDC employees, which featured Hudon and the host discussing a shopping trip they’d taken together in Paris.

Meanwhile, BDC has been hemorrhaging top people, which leaving the organisation with many holes in its leadership — the kind of thing that would pose an impediment to its lofty goals of substantially increasing the support it gives to businesses run by women, First Nations people and people of color.

Hudon — a Trudeau appointee — vowed to “start from scratch” when she took over the organisation, but then went ahead and did what her predecessors had done: hired outside consultants who billed outrageous sums to repurpose anodyne slide-decks full of useless, generic advice, or unrealistic advice that no one could turn into actual policy. They also sucked up BDC employees’ time with endless interviews.

The BDC has (reluctantly) disclosed $4.9m in contracts to McKinsey. The CBC also learned that Hudon parachuted several cronies from her previous job at Sun Life into top roles in the organisation, and that BDC had reneged on promised promotions for many long-term staffers. Hudon also repeatedly flew a chauffeur across the country from Montreal to BC to drive her around.

In Quebec, premier François Legault hired an army of McKinsey consultants at $35,000 per day to advise him on covid strategy, for a total bill of $8.6m. McKinsey’s contract with the province stipulated that they wouldn’t have to disclose their other clients, even in the event that they had conflicts of interest:

https://www.cbc.ca/news/canada/montreal/caq-legault-mckinsey-pandemic-consulting-1.6602374

The contract was kept secret, as was the long-running, $38m contract between McKinsey and the Hydro Quebec power authority:

https://ici.radio-canada.ca/nouvelle/1927738/mckinsey-hydro-quebec-consultants-barrages-affaires

Most of the bad press McKinsey gets revolves around the evil advice it gives — like when it advised opioid companies to pay cash bonuses to pharma distributors for every death-by-overdose in their territory (no, I’m not making this up):

https://pluralistic.net/2022/06/30/mckinsey-mafia/#everybody-must-get-stoned

But these rare moments of competence should be understood in the broader context in which McKinsey isn’t evil, they are merely utterly, totally fucking useless. The 2022 French Senate report on McKinsey really digs into this:

http://www.senat.fr/commission/enquete/2021_influence_des_cabinets_de_conseil_prives.html

They find that a quarter of the work McKinsey turned in was “unacceptable or barely acceptable in quality.” This is in line with the overall tenor of work performed by consultants. For example, when it came to giant Capgemini, the French Senate found that the work it provided was “of near-zero added value, indeed sometimes counterproductive.”

And yet, despite the expense and “near-zero added value,” hiring outside consultants is a reflex for neoliberal centrist leaders. Trudeau has presided over a massive expansion of the Canadian government’s reliance on outside consultants:

https://www.theglobeandmail.com/politics/article-liberals-spend-billions-more-on-outsourced-contracts-since-taking/

After campaigning on a promise to reduce outside consultancy, the Trudeau administration increased consultant spending by 40%, to $11.8 billion. This shadow civil service is not just more expensive and less competent that the real civil service — it is also far more opaque, able to fend off open records requests with vague gestures towards “trade secrecy.”

Since 2015, McKinsey has raked in $101.4m in federal contracts, even as the civil service has been starved of pay. Meanwhile, federal departments insist that they need to “protect Canada’s economic interests” by not disclosing outside contracts, and list their total spend at $0.00.

https://nationalpost.com/news/outsourcing-contracts-mckinsey-billions

The Professional Institute of the Public Service of Canada estimates that between 2011–21, the Canadian government squandered $18b on outside IT contracting that could have been performed by public servants. In 2022, the Government of Canada spent $2.3b on outsource IT contracts, while the wage bill for its own IT staff came in at $1.85b.

It’s not like these outside IT contractors are good at their jobs, either. The most notorious example is the ArriveCAN covid-tracking app for travellers, the contract for which was awarded to GCstrategies, a two-person shop in Ottawa, who promptly turned around and outsourced it to KPMG and other contractors, whom they billed to the government at $1,000–1,500/day, raking off 15–30% in commissions.

For months, the origins of the ArriveCAN app were a mystery, with the government insisting that the details of the contractors involved were “confidential.” But ArriveCAN was such a steaming pile of shit, and so many travellers (a population more likely to be well-off and politically connected than the median Canadian) had to deal with it, that eventually the truth came out.

The ArriveCAN scandal is ongoing — just last year, it cost the Canadian public $54m:

https://www.theglobeandmail.com/politics/article-arrivecan-subcontractors-multinationals/

Trudeau’s Liberals didn’t invent outsourcing high-stakes IT projects to incompetent grifters. Under Conservative PM Stephen Harper, Canada paid IBM to build Phoenix, an utterly defective payroll system for federal employees that stole millions from civil servants, bringing government to a virtual standstill. Thus far, the Government of Canada — which paid IBM $309m to develop Phoenix, as a “cost savings measure” — has paid $506m in damages to make good on Phoenix’s errors:

https://www.theglobeandmail.com/politics/article-ottawa-paid-out-400-million-in-phoenix-pay-compensation-to-federal/

The Liberals didn’t invent Phoenix — but they did deploy it, after campaigning on the wastefulness and incompetence of the Tories’ outsourcing bonanza. And after Phoenix crashed and burned, the Liberals increased outsourcing spending.

All of this is well-crystallized in last week’s Canadaland discussion between Jesse Brown and Nora Loreto:

https://www.canadaland.com/podcast/853-the-indulgent-consultant/

And on his Substack, Paul Wells proposes that the Senate — a largely ornamental institution in Canadian politics — is the unlikely check of last resort on the Liberals’ fetish for outsourcing:

There are former deputy ministers at the federal and provincial levels, secretaries to cabinet, a former Clerk of the Privy Council, a former chief of staff to a prime minister. A lot of them can remember the days when big decisions weren’t farmed out to firms that make their founders rich and are spared the rigours of accountability for their counsel. Surely some of them would like to shine a light?

https://paulwells.substack.com/p/shine-a-brighter-light-on-contract?

Image: Sam (modified) https://commons.wikimedia.org/wiki/File:The_Canadian_House_of_Commons.jpg

Presidencia de la República Mexicana (modified) https://commons.wikimedia.org/wiki/File:Justin_Trudeau_June_2016.jpg

CC BY 2.0 https://creativecommons.org/licenses/by/2.0/deed.en

[Image ID: The legislative chamber of Canada's House of Commons; behind the speaker's chair, the back wall has been replaced by an enormous $100 bill. The portrait on the $100 bill has been replaced with an unflattering, braying picture of Justin Trudeau. The Bank of Canada legend across the top of the note has been replaced by the McKinsey and Company wordmark.]

[thebillionaireinsider]

Private Companies that supply electricity in India

India's energy sector has witnessed significant transformation over the past few decades. With the increasing electricity demand, private companies have played a crucial role in bridging the gap between supply and demand. These companies have not only brought in investments but have also introduced advanced technologies and efficient management practices, contributing to the overall development of the power sector in India. Read ahead about some prominent private companies supplying electricity in India and their contributions to the energy landscape.

1. Tata Power

Tata Power, a part of the Tata Group, is one of India's oldest and largest private-sector power companies. With a presence in generation, transmission, and distribution, Tata Power has an installed generation capacity of over 12,000 MW. The company has diversified its energy portfolio to include renewable sources such as wind, solar, and hydroelectric power. Tata Power's commitment to sustainable energy solutions has made it a leader in the Indian power sector.

2. Adani Power

Adani Power, a subsidiary of the Adani Group, is another significant player in the Indian power sector. With an installed capacity of over 12,450 MW, Adani Power operates thermal power plants across the country. The company is also making strides in renewable energy, with investments in solar and wind power projects. Adani Power's focus on large-scale projects and its ability to execute them efficiently has positioned it as a key contributor to India's energy needs.

3. JSW Energy

JSW Energy, a part of the JSW Group, is a leading power generation company with a diversified portfolio of thermal, hydro, and solar power projects. The company has an installed capacity of around 4,500 MW and is actively expanding its renewable energy capacity. JSW Energy's emphasis on operational efficiency and sustainable growth has earned it a strong reputation in the industry.

4, CESC Limited

CESC Limited, a flagship company of the RP-Sanjiv Goenka Group, is a major power utility serving Kolkata and surrounding areas. With an installed capacity of over 1,200 MW, CESC operates thermal power plants and has ventured into renewable energy as well. The company's customer-centric approach and efficient distribution network have made it a trusted name in the power sector.

5. Reliance Power

Reliance Power, part of the Reliance Anil Dhirubhai Ambani Group, has faced significant challenges in recent years. Despite an installed capacity of over 5,900 MW, the company has struggled with financial losses and debt. However, Reliance Power is making concerted efforts to turn around its fortunes. The company is focusing on debt reduction, improving operational efficiency, and exploring new business opportunities.

Challenges and Road to Recovery for Reliance Power

Reliance Power has faced numerous challenges, including high debt levels, regulatory hurdles, and fluctuating fuel prices. However, the company is taking steps to overcome these obstacles. Anil Ambani, the chairman of Reliance Power, has emphasized the importance of deleveraging the company's balance sheet. Reliance Power has undertaken various measures to reduce its debt, including asset monetization and refinancing of loans.

The company is also exploring new opportunities in the renewable energy sector, aligning with India's commitment to increasing its share of clean energy. By leveraging its existing assets and focusing on operational efficiency, Reliance Power aims to improve its financial health and regain its position in the market.

Private companies have played a pivotal role in India's power sector, driving growth and innovation. Companies like Tata Power, Adani Power, JSW Energy, and CESC Limited have set benchmarks in the industry with their commitment to sustainable energy solutions and efficient operations. Despite facing significant challenges, Reliance Power is striving to overcome its difficulties and contribute to India's energy needs. With a clear focus on debt reduction and exploring new opportunities, Reliance Power is on a path to recovery, demonstrating resilience in the face of adversity.

[atlanticcanada]

Prime Minister Trudeau pushes idea of hydro loop connecting Quebec Atlantic region

Prime Minister Justin Trudeau said Monday he remains confident his government will eventually support a connected loop of Atlantic and Quebec electricity, allowing the Maritimes to end its reliance on coal.

But the promise was quickly criticized by Nova Scotia Premier Tim Houston, who said Ottawa hasn't put enough money into the idea to make it work.

During a speech to delegates at the Atlantic Economic Forum, Trudeau pointed to Volkswagen's decision to create an electric-vehicle battery plant in St. Thomas, Ont., saying the firm was attracted by the availability of low-carbon emission electricity.

"We want to see investment like this coming to Atlantic Canada, too. That's what our commitment to building the Atlantic Loop is all about," Trudeau told several hundred people gathered to discuss economic development at St. Francis Xavier University in Antigonish, N.S.

Trudeau was speaking after an introduction from former prime minister Brian Mulroney, who emphasized national leaders need to be capable of seeing the long-term impact of their policies.Before the speech, the former Progressive Conservative leader gave the prime minister a tour of Mulroney Hall on the campus, showing him a replica of his centre-block desk. During their meeting, Trudeau recalled how Mulroney had established the Atlantic Canada Opportunities Agency in the 1980s in an effort to lift the region's struggling economy.

Trudeau said that creating a loop of hydro power bringing electricity from Quebec and Labrador into Nova Scotia, mainland Newfoundland and New Brunswick would become a similar investment in the region's economic prosperity.

"Just think of it, the East Coast should and could be a clean-energy powerhouse and this federal government will be there to help make it happen," said Trudeau.

"Not only is (the Atlantic Loop) the fastest and most cost efficient way to get off coal, it will also make sure the Atlantic region has power to meet growing electricity demands."

However, after meeting with Trudeau and hearing the speech, Houston responded that the federal Liberal government's offers aren't sufficient.

"I don't know where it lands but we'll have a discussion and we'll continue to exchange information ... but at the moment what the federal government is talking about, it's just not an economically feasible project for Nova Scotians," said the premier.

Documents released to The Canadian Press last week indicated Ottawa has ambitious goals to hammer out an Atlantic Loop agreement in principle this summer and complete the project by 2030.

The source, who communicated on the condition of anonymity because they were not authorized to speak publicly, said Ottawa has also offered to invest $4.5 billion to help the project along.

The documents show the energy project would involve two interprovincial power lines connecting power from Quebec and Newfoundland and Labrador to Nova Scotia and New Brunswick. The line between Quebec and New Brunswick is estimated to cost $6.1 billion, while the other would cost $700 million, according to the notes, which are dated last month.

Houston's office has said the federal proposal is for a long-term loan, and it would involve Nova Scotia's electricity ratepayers helping pay for infrastructure in Quebec.

"Nova Scotia ratepayers paying for new infrastructure to be built ... in another part of the country is just not something I'm interested in," the premier told reporters on Monday.

The prime minister also noted during his speech that climate-change issues are becoming a greater concern for the region's economy, noting the recent wildfires and the damage created by hurricane Fiona last fall.Earlier in the day, Trudeau visited a fire station in Hammond Plains, just a few hundred metres from where a wildfire burned a few weeks ago, destroying 151 residences.

A "Nova Scotia Strong" flag waved on the roadside.

Trudeau met with dozens of volunteer and full-time firefighters, as well as the fire department's management and union representation, posing for photos.

He then addressed the group, thanking them for stepping up for their community.

"I also thank you for all the things we don't know about, the things you don't tell your partners or families about," Trudeau added. "I know you are all going into very scary situations regularly, and Canadians rely on you so deeply for everything you do."

He noted it's been "a tough few years," with more frequent extreme weather events due to climate change, the COVID-19 pandemic and "incidents of violence or loss," an apparent reference to the 2020 Nova Scotia mass shooting.

"You've always been there to step up in so many different ways, and you do it day in and day out," he said.

-- With files from Marlo Glass in Halifax.

This report by The Canadian Press was first published June 19, 2023.

This story was produced with the financial assistance of the Meta and Canadian Press News Fellowship.

For more Nova Scotia news visit our dedicated provincial page. 

from CTV News - Atlantic https://ift.tt/tPRQK8m

[greenenergyinvestor]

Unlocking the Power of Renewable Energy: Understanding Financing for Sustainable Projects

Renewable energy has emerged as a key solution to address climate change and transition towards a sustainable future. As the demand for clean energy sources continues to grow, financing plays a crucial role in supporting and accelerating the development of renewable energy projects. In this blog, we will delve into the world of financing renewable energy projects and explore the various mechanisms and considerations involved.

1.The Importance of Financing in Renewable Energy Projects: 

Renewable energy projects, such as solar, wind, hydro, and geothermal, require significant upfront investments. Financing plays a pivotal role in bridging the gap between project development and implementation. It provides the necessary capital to acquire equipment, develop infrastructure, and cover operational expenses. Without proper financing, the realization of renewable energy projects would be challenging.

2.Sources of Financing: a)Public Funding: Governments and international organizations often provide financial support through grants, subsidies, tax incentives, and favourable policies to promote renewable energy. These funding mechanisms aim to incentivize private investment and facilitate the transition to clean energy sources.

b)Private Investment: Private investors, including venture capitalists, private equity firms, and impact investors, play a vital role in financing renewable energy projects. They provide capital in exchange for returns on investment, contributing to the growth of the renewable energy sector.

c)Multilateral Development Banks: Institutions like the World Bank, Asian Development Bank, and European Investment Bank offer funding and support for renewable energy projects in both developed and developing countries. They provide long-term loans, guarantees, and technical assistance to encourage sustainable energy initiatives.

3.Financing Models: a)Power Purchase Agreements (PPAs): PPAs involve long-term contracts between renewable energy project developers and energy consumers or utility companies. These agreements guarantee a fixed price for the energy generated over a specified period, providing a stable revenue stream for project financing.

b)Renewable Energy Certificates (RECs): RECs enable companies or organizations to purchase renewable energy credits to offset their carbon emissions. The revenue generated from selling RECs can help finance renewable energy projects.

c)Crowdfunding and Community Investments: Crowdfunding platforms and community-driven investment schemes allow individuals and communities to directly contribute to renewable energy projects. These models promote local ownership and foster a sense of community engagement.

4.Considerations and Challenges: a)Project Viability: Lenders and investors assess the feasibility and viability of a renewable energy project before committing funds. Factors such as resource availability, technological readiness, market demand, and regulatory frameworks influence project viability.

b)Financial Risk Mitigation: Financial institutions and project developers employ risk mitigation strategies, such as insurance, hedging, and diversification, to manage uncertainties associated with renewable energy projects. These strategies provide a level of security to attract investors.

c)Policy and Regulatory Environment: A stable and supportive policy and regulatory environment is crucial for attracting investments in the renewable energy sector. Governments need to establish clear frameworks, incentivize clean energy, and streamline permitting processes to foster investor confidence.

Financing plays a vital role in driving the growth and implementation of renewable energy projects. By understanding the various sources of financing, models, and considerations involved, stakeholders can navigate the complex landscape of renewable energy financing. As the world strives to combat climate change and embrace sustainable practices, innovative financing mechanisms will continue to play a pivotal role in accelerating the transition to a clean energy future.

Remember, financing a renewable energy project requires careful planning, collaboration, and a deep understanding of the financial landscape. With the right financing strategies and support, we can unlock the potential of renewable energy and pave the way for a greener and more sustainable world.

[crazynewsindia]

CM urges to enhance state share in hydro power projects from 12 to 15 percent

SHIMLA 9th February, 2023   • Sought directions to BBMB to release arrears   Chief Minister, Thakur Sukhvinder Singh Sukhu in a meeting with Union Minister of Power, New and Renewable Energy, R.K Singh on late Wednesday evening urged the Union Minister to enhance the State's share in the power projects which were commissioned 25 years back and have completed their loan repayments. He said that state share must be enhanced from 12 to 15 percent. The Union Minister was apprised that around 12000 MW hydro power potential in the State was yet to be harnessed. Hydro power development is the key engine to the economic growth of the State of Himachal Pradesh, as it makes a direct and significant contribution to economy in terms of revenue generation, employment opportunities and enhancing the quality of life, he said. Besides, the state also has ample scope for setting up solar projects, stated the Chief Minster. State Government has now relaxed the rules and procedures for the investors and Deputy Commissioners have been empowered to accord permission. State government is committed to accord all necessary permissions in a time bound manner especially in energy sector and to ease the process for applying. Chief Minister said that Government was mulling to make agreements with power project in stages. The first part will be for the period of loan repayment and the second part will be after the loan repayment is over on part of the power project. Chief Minister also raised the issue of Luhri power project being executed by SJVNL and advocated for fresh agreement for enhancing the state share as the project is fully viable. Chief Minister said that the Supreme Court has passed its verdict in favour of the State Government pertaining to payment of arrears and its share by Bhakra Beas Management Board (BBMB). He said that BBMB should be directed to pay the arrears to the State Government immediately. He also apprised that the lease period of Shanan project was now over and it will be taken over by the State Government for further execution soon. Sh. Sukhu said that the Union Minister has assured with regard to setting up of Green Energy Plant in Spiti area of the state on the analogy of Leh. The e-charging stations for electric vehicles will also be set up throughout the State so that the target of becoming Green Energy State by 2025 could be achieved. For setting up of e-charging stations, the state government will provide land and power. Detailed project report for the transmission line will also be prepared to evacuate the green energy. Chief Minister told that the state is looking forward for the generation of green hydrogen adding that the Himachal Pradesh is the only state which is power surplus state. State will execute the power project on revenue sharing basis. Chief Minister honoured the Union Minister on this occasion and also invited to visit Himachal Pradesh. Chief Parliamentary Secretaries Sunder Singh Thakur and Sanjay Awasthi, Principal Secretary to Chief Minister Bharat Khera, Resident Commissioner, Meera Mohanty and Principal Private Secretary to Chief Minister Vivek Bhatia were also present in the meeting.   Read the full article

[haveletfinanceltd]

Commercial Loans for Financing a Hydro power Projects

The development of hydro power, which began in the second half of the 19th century, ensured stable economic growth for years to come. Loans for hydro power project plants continues in a green transition era, with many nations moving away from fossil fuels and nuclear power.

Havelet Finance Limited offers international loans for hydro power projects in different countries. Our specialists develop optimal financial models and customized solutions for each project.

Bank Loans for hydro power plants Projects

The understand importance of long-term bank loans in the construction of hydro power plants project, one must first assess the scale of costs and the capital needs of companies initiating large hydro power projects. Today, hydro power are considered among the most expensive generation technologies, with cost ranging from 2 to 5 million euros per 1 MW of installed capacity.

Moreover, hydro power plants are becoming more technologically advanced, which entails rising costs for new turbines, wireless sensor networks, digital control and monitoring systems, cloud computing and advanced security solutions. Measures to protect biodiversity, as well as costly policies aimed at social and environmental sustainability, also require significant investments at various stages of planning, construction and operation of HPPs. Long-term bank financing, especially with the support of local governments and international financial institutions, helps companies to meet these ambitious goals in the best possible way.

Havelet Finance Limited remains your most trusted backbone in loans for Hydro power Plants project. We can finance such project with 100% financing. Kindly contact us.

Commercial loans for hydro power Plant projects

Loans for hydro power Plants Project are widely used both to finance large investment projects and to replenish the working capital of companies. By definition, Loans for Hydro power Plants Project includes loans made to companies not to individuals (also known as business loans). In most cases, we are talking about short-term financing, which is almost always provided with collateral.

Typical commercial loan products are listed below:

• Working capital line of credit. • Asset based business line of credit. • Long-term equipment financing. • Letters of credit. • Bridge loans. • Factoring

Asset-based lending is used by energy companies that already have certain assets but require additional working capital to develop and grow their business. This could be a flexible credit line that is used to purchase materials, and other purposes. Such loans are secured by some form of collateral, which may be hydro power assets, expensive equipment or infrastructure. A bridge loan, which is considered an auxiliary or intermediate financial instrument, is included in the group of short-term loans. The interest rate on a bridge loan is high, but there is a high demand for it in all industries.

The interest of governments is natural, because hydro power remains one of the most stable and predictable sources of electricity generation in industrialized countries. Moreover, 90% of the balancing capacity in the world is in pumped storage electricity and 10% in other technologies such as thermal power plants or batteries. It is a critical tool for balancing unpredictable green energy capacities in the grid, and the world will not introduce another model on an industrial scale in the near future. Each of the listed instruments of bank financing is designed to solve certain problems in the process of developing the energy business.

The right choice of funding method and loans for Hydro power Plants Project is one of the most important conditions for the prosperity of hydro power sector.

Soft Loan for Hydro power Plants

Promoting small hydro power projects is one of the policy instruments in the National Policy for Hydro power Development of India to accelerate the pace of hydro power development. The Ministry of Non-Conventional Energy Sources (MNES) deals with all matters related to Small Hydel Projects (up to 3 MW capacity).

A soft loan Includes:

A loan with a below-market rate of interest.

Loans made by multinational development banks and the World Bank to developing countries.

Typically, soft loans have extended grace periods in which only interest or service charges are due. They also offer longer amortization schedules and lower interest rates than conventional bank loans.

Havelet Finance Limited offer long-term loans for hydro power plants Project and related infrastructure. We provide a full range of financial and consulting services in every part of the world. Contact us for a consultation and to learn more about financing options.

We offer a wide range of services for business:

• Project finance services • Financial modeling and consulting. • Loan guarantees and much more.

We support the financing of large projects develop advanced financial models for our clients and offer professional advisory services.

Websites:http://www.havelet-finance.com/ Email:credit@havelet-finance.com

[waredot0]

Bank will fund 75 - 90% of your total project cost

[stepmoond]

Bank will fund 75 - 90% of your total project cost

[financesevaloan]

Credit Report Online

What is a credit report?

A credit report is a statement of credit activities and current credit situation and the status of your credit accounts. Lenders use this credit report online to ensure that they will loan the money on what interest rate. They also determine that the customer meets the terms and conditions of an existing credit account. Most of the people have more than one credit report. Credit reporting companies, also known as credit bureaus or consumer reporting agencies, collect and store financial data about customers that is submitted to them by creditors, such as lenders, credit card companies, and other financial companies. Creditors are not required to report to every credit reporting company.

Can you check credit reports online?

You are entitled to a free credit report every 12 months from each of the three major consumer reporting companies (Equifax, Experian and TransUnion). You can request and review your free what is credit report through many ways or various sites through internet such as CRED click on 'check credit score'. next, enter your name, phone number, and email ID, then click on confirm. You will receive your CIBIL score report on your registered email ID and via WhatsApp. Or You can request a copy from AnnualCreditReport.com. You can request and review your free report through one of the following ways: Online: Visit AnnualCreditReport.com.

One important thing which we need to remember that It is very important to check the report and see whether the details mentioned are correct. This can help individuals guard against fraud and identity theft. They can check their reports and get the errors rectified by informing the credit agency or the bank.

[powertransmissiongrid]

Sterlite Power secures INR 2070 crores funding from PFC for VNLTL project | Sterlite Power Transmission Limited

Sterlite Power gets INR 2070 crores financing from PFC for VNLTL project

New Delhi, 20thOctober 2020: Sterlite Power, a main worldwide power transmission player, has accomplished monetary conclusion for its Vapi II North Lakhimpur Transmission Limited (VNLTL) project by getting the whole obligation subsidizing of INR 2070 crores from one of India's biggest power area moneylenders, Power Finance Corporation Limited (PFC Ltd.). The monetary conclusion is accomplished in somewhere around four months of the SPV obtaining of the undertaking.

Sterlite Power obtained VNLTL SPV in June 2020 to execute one of the biggest between state transmission framework projects covering Western Region Strengthening Scheme-XIX (WRSS-XIX) and North Eastern Region Strengthening Scheme-IX (NERSS-IX). This single venture, with its different sub-components, will supply perfect and efficient power energy from sunlight based, atomic and hydro capacity toward the western and north eastern locale of India.

Further, this venture means to set up 179 ckm of lines for basic framework reinforcing to decongest the Navi Mumbai transmission passage by acquiring a between state transmission feed of around 1,000 MW. This connection will take care of the developing energy necessities in the district attributable to the forthcoming Navi Mumbai Airport and Special Economic Zone (SEZ).

Remarking on the monetary achievement, Mr. Pratik Agarwal, Managing Director, Sterlite Power said, "We are satisfied to finish up this mega monetary arrangement with one of India's biggest and most rumored monetary organization in the power area PFC, in the midst of an extreme market circumstance. This arrangement is an immense demonstration of trust by PFC in our capacity to convey probably the most difficult and effective transmission projects in the country."

He further added, "Recently, we likewise accepted REC Ltd. as the Lead Lender for LVTPL, our Green Energy Corridor project. We are a functioning defender of greening the lattice, and we see around 80% of our new tasks to be connected to transportation of environmentally friendly power."

Sterlite Power with areas of strength for its record has effectively accomplished monetary conclusion of a large number of its undertakings in spite of the frail economic situations inferable from the pandemic. Prior in July 2020, the organization had renegotiated its Gurgaon Palwal Transmission project with India's driving monetary establishment - HDFC Bank. In Oct 2020, it presented REC Ltd. as the lead loan specialist for its Green Energy Corridor project - LVTPL. Presently with the conclusion of subsidizing for VNLTL from PFC, the organization has had the option to manufacture associations with India's biggest power area supporting foundations. This is a declaration of the proceeded with trust rested on the organization by the banking and financial backer local area.

About Sterlite Power

Sterlite Power is a main worldwide engineer of force transmission framework with tasks of north of 13,700 circuit kms and 26,100 MVA in India and Brazil. With an industry-driving arrangement of force guides, EHV links and OPGW, Sterlite Power likewise offers answers for redesigning, uprating and reinforcing existing organizations. The Company has set new benchmarks in the business by utilization of state of the art advances and imaginative supporting. Sterlite Power is the patron of IndiGrid, India's most memorable power area Infrastructure Investment Trust ("InvIT"), recorded on the BSE and NSE. Sterlite Power has been perceived among The Economic Times Best Brands 2020, and is a beneficiary of lofty worldwide honors from S&P Global Platts and International Project Management Association (IPMA).

[jaydenh24]

Small Hydropower Market Size 2021 Industry Analysis by Import, Export Consumption, Supply And Demand, Price, Revenue, Gross Margins and Forecast to 2028

Energy is a very common and most environmental, economic and development issue faced by the world. Small hydropower is a type of renewable and clean source of energy which generates electricity by converting the mechanical energy of running water into electric energy. This process is very much similar to the traditional hydroelectric systems.

Small hydropower market will reach at an estimated value of USD 3.60 billion and grow at a rate of 2.10% for the forecast period of 2021 to 2028. Increasing rural electrification in developing and underdeveloped countries is a vital factor driving the growth of small hydropower market. 

Get Sample Copy of Report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-small-hydropower-market

 Increasing financial incentives and assistance in the form of low-interest loans, grants, renewable purchase obligations, and feed-in-tariffs for small hydropower is the vital factor escalating the market growth, also rising investments in renewable and small hydropower projects in response to climate change, increasing positive outlook on renewable energy, rising global electricity consumption, rising energy demand on account of the rising population across the world, along with the need to decrease dependence on the conventional source of power generation are the major factors among others driving the small hydropower market. Moreover, rising integration of Iot with hydropower and increasing positive outlook toward small hydropower dams to sustain life in rural communities will further create new opportunities for the small hydropower market in the forecast period of 2021- 2028.

 However, increased stream expansion limitation, unstable supply and rising climate and logistics cost challenges are the major factors among others acting as restraints, while rising number of substitutes with less prices will further challenge the growth of small hydropower market in the forecast period mentioned above.

 This small hydropower market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on small hydropower market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

 Inquire About Report@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-small-hydropower-market

 Global Small Hydropower Market Scope and Market Size

Small hydropower market is segmented on the basis of capacity, type and component. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

 Based on capacity, the small hydropower market is segmented into Up to 1 MW and 1-10 MW.

On the basis of type, the small hydropower market is segmented into mini hydropower and micro hydropower.

The small hydropower market is also segmented on the basis of component into electric infrastructure, electromechanical equipment, civil works and others. Electromechanical equipment has been further segmented into turbine, generator and other equipment. Other equipment has been further sub segmented into inlet valves gates, penstock, governors, and auxiliarie. Others have been further segmented into engineering, structural, management, environmental mitigation, and project development.

Small Hydropower Market Country Level Analysis

Polymer coated fabric market is analysed and market size, volume information is provided by country, capacity, type and component as referenced above.

 The countries covered in the small hydropower market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

 Browse Complete Report@ https://www.databridgemarketresearch.com/reports/global-small-hydropower-market

 Asia-Pacific dominates the small hydropower market due to increasing investments in off-grid energy generation and rural electrification, rising investments in renewable and small hydropower projects in response to climate change, increasing positive outlook on renewable energy and rising electricity consumption in this region. Europe is the expected regions in terms of growth in small hydropower market due to hiking financial incentives and assistance in the form of low-interest loans, grants, renewable purchase obligations, and feed-in-tariffs for small hydropower in this region.

 The country section of the small hydropower market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

 Competitive Landscape and Small Hydropower Market Share Analysis

Small hydropower market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to small hydropower market.

 The major players covered in the small hydropower market report are Voith GmbH & Co. KGaA, ANDRITZ, General Electric, TOSHIBA CORPORATION, Siemens Energy, Bharat Heavy Electricals Limited, Gilkes, Natel Energy, Statkraft, FLOVEL Energy Private Limited, SNC-Lavalin Group, HNAC Capacity Co., Ltd, Kolektor, Canyon Hydro., Fortum, Derwent Hydroelectric Power Ltd and RusHydro, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 Global Small Hydropower Market, By Capacity (Up to 1 MW, 1-10 MW), Type (Mini Hydropower, Micro Hydropower), Component (Electric Infrastructure, Electromechanical Equipment, Civil Works, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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[atlanticcanada]

N.L.'s wait for Muskrat Falls power could carry on another year, consultant says

A sharply worded new report from a consulting firm hired to monitor the long-delayed Muskrat Falls hydro project in Newfoundland and Labrador says the province's wait for power could drag on for at least another year.

Pennsylvania-based Liberty Consulting Group says ongoing software issues related to the transmission line from Labrador to Newfoundland could delay full commercial operations for at least another year "and perhaps significantly longer."

The province "now faces the need to select the best path forward for operating through yet another coming winter season without a reliably performing (Labrador-Island Link)," the consulting firm said in its report dated March 11.

The news is the latest in a string of setbacks for the embattled project, which is run by Crown energy corporation Newfoundland and Labrador Hydro. Liberty Consulting Group was hired in 2018 by the province's Public Utilities Board to keep an eye on Muskrat Falls as construction ended and power generation from its massive Labrador dams began.

Muskrat Falls was approved by a Progressive Conservative government in 2012 with a $7.4-billion price tag. The project was championed as a way to power the province with hydroelectric energy and replace the oil-burning generating plant that sits just outside the town of Holyrood, N.L., near the capital St. John's.

But Muskrat Falls is now years overdue and nearly double the cost, at $13.1 billion as of September 2020.

Ottawa stepped in last summer with a $5.2-billion bailout that included a loan guarantee and payouts from interest earned from the federal share in the Hibernia oilfield off the coast of Newfoundland. Without the help, residential electricity rates would have nearly doubled in order to pay for the project's ballooning costs.

The last deadline missed for the start of full commercial operations was Nov. 26, 2021. General Electric, the company building the software to run the transmission line to the island, hasn't been able to work out all of the system's bugs. The company has said it believed the Labrador-Island Link could be operational by May 31, according to previous reports.

But the Liberty Consulting Group report says that's unlikely.

"In short, there is no projected or projectable schedule for (the Labrador-Island Link) completion from management; we can offer none, and we place no confidence in the schedule now indicated by (General Electric)," its authors wrote. "Management should find most troubling the continued existence of critical software flaws after an already extraordinarily long software development period."

General Electric did not respond to a request for comment.

In an email Monday, Newfoundland and Labrador Hydro spokeswoman Jill Pitcher said the utility respects and welcomes Liberty Consulting Group's input.

"Based on (General Electric's) performance to date and continuous delays in delivering the software, further delays are likely; however, the extent of any possible delay is impossible to predict," Pitcher said. "We have and continue to express to GE our clear expectation and requirement that it deliver an adequate product which is this final milestone."

Pitcher said the utility does not have an updated cost estimate for Muskrat Falls, though in October she said the project was accruing $1 million a day in interest and financing charges. That figure is no longer accurate, she said Monday, though she did not provide a new one.

Newfoundland and Labrador Hydro said in February it was keeping the generating facility near Holyrood operational until at least 2024. The station burns about 18,000 barrels of oil per day during the peak winter season, according to the provincial government.

This report by The Canadian Press was first published March 21, 2022.

from CTV News - Atlantic https://ift.tt/K6vFwf1

[waredot0]

Bank will fund 75 - 90% of your total project cost

[financesevaloan]

Project Report for Bank Loan

For taking a business loan from the bank for a new start-up business, the borrower must represent the project report of their business. All the necessary requirements and official documents have to be submitted with the project report. The project report should be such that it should represent the idea of the whole business and can be easily understood by the reader. Further, discussed are the components of project report required to be submitted in order to avail business loan.

Are you planning to avail a bank loan from the bank for a new start-up business or upgrade your existing business? If yes, then you must present a detailed project report for your business.  The project report should be detailed in such a way that it entails the idea of the whole business and can be easily understood by the lender.  However, let us discuss the major components of project report that required to be submitted in order avail of a bank loan.

Elements of Project Report:

Introduction: Under this page, introduction of your company should be detailed.

Summary: The overall state of the company must be included in the project summary. You can also include the company’s overall budget.  

Project Scope: Bring the project scope, proportion of planned work and the proportion of progress which has been accomplished. A detailed summary of the findings and strategy for the future action must be given.

Promoters Details: The promoter are the company’s mediator, assisting in the development of the company.  

Financing Options: Financing of a company comes from a financial institutions, business partners, or someplace else. As a result, it has become difficult to estimate where the money comes from, and this information should be included in this project report details.

Balance Sheets: The balance sheet shows how money has been invested, it also states under which field and which section, the money has been spent. However, it's critical to demonstrate to the bank your business financial sheets, which must certainly be stated in this report.