Project Loans for non-infrastructure sector For the purpose of these Directions, 'Project Loan' shall mean any term loan which has been extended for the purpose of setting up of an economic venture. The extant instructions on resolution of stressed assets such as Framework for Revitalising Distressed Assets, Corporate Debt Restructuring Scheme, Flexible Structuring of Existing Long Term Project Loans, Strategic Debt Restructuring Scheme (SDR), Change in Ownership outside SDR, and Scheme for Sustainable Structuring of Stressed Assets (S4A) stand withdrawn with immediate effect.
Solar Power Project:
Solar energy is our earth's primary source of renewable energy. It is a form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. As oil prices have gone up and other energy sources remain limited, nations are increasingly searching for safe, reliable long-term sources of power. In this scenario solar energy proves to be an abundant energy source which can be put to use. Electricity generation from solar energy at present is no more a new concept to the world. Solar electricity is being clean (pollution free), silent, limitless and free will play a great role in the times to come in the present energy driven civilization.
Solar rooftop:
Rooftop Solar System means solar power system installed at rooftops of residents, commercial buildings, institutions and industrial buildings. Electricity generated from these systems can be (1) used for self consumption (2) Fed into the grid at regulated feed in tariffs. Off Grid Solar System requires battery storage as it as it is not connected to electricity grid. An off-grid system requires battery storage and is not connected to the electricity grid. In these a solar technician needs to design a system in such a way that has enough power generation and battery storage to meet the home's requirements even in the depths of winter when there is no or little sunlight. Off-grid systems are comparatively more expensive than on-grid system because of the high cost of batteries and usually found only in remote areas that are far from any electricity grid. As battery costs are declining there is a growth in the market for battery storage.
Cold storage:
A cool store or cold store is a large refrigerated room or building designed for storage of goods in an environment below the outdoor temperature. Products needing refrigeration include fruit, vegetables, seafood and meat. Cold stores are often located near shipping ports used for import/export of produce.Cold storage is used to store fruits, vegetables, processed meat, Dairy Products, Spices, Dry fruits, jaggery, pulses, frozen foods, chemicals, and pharmaceutical products. Prolonging and preserving the shelf life of food without compromising on the nutritive value.
Warehouse construction:
Warehousing is the act of storing goods that will be sold or distributed later. While a small, home-based business might be warehousing products in a spare room, basement, or garage, larger businesses typically own or rent space in a building that is specifically designed for storage. Most of the warehouses are standard box type buildings as the design and other infrastructure for any warehouse depends on the storage requirements. PEB is the best option for it. These structures are made from heavy-duty, industrial-grade steel frames, they are extremely resistant to the inorganic elements.
School loan:
Lofty goals do not beget scholars. Indian parents of the millennium are desirous of educating their children in a state-of-the-art institution with great infrastructure. They seek new opportunities and avenues for the growth and development of their children – and they are willing to pay the price for this.
Setting up a school, however, is not an easy task – especially if it must provide all the varied channels for growth such as sports, technology, and academics. The infrastructure alone is a costly affair, let alone technology and foreign collaborations. This can make setting up a school an extremely costly affair.
Recognizing the need for better schools that provide better opportunities to children, Banks and NBFCs now offer loans for schools. An individual or organization desirous of setting up a school can avail of loan for the specific purpose of opening a school rather than a general business loan.
College loan:
Education loans are intended to cover the cost of tuition, books and supplies, and living expenses while the borrower is in the process of pursuing a degree. Payments are often deferred while students are in college and, depending on the lender, for an additional six-month period after earning a degree.
An education loan is a sum of money borrowed to finance post-secondary education or higher education-related expenses. Education loans are intended to cover the cost of tuition, books and supplies, and living expenses while the borrower is in the process of pursuing a degree. Payments are often deferred while students are in college and, depending on the lender, for an additional six-month period after earning a degree. |