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Types of Projects Considered for Financing

  • Replacement / retrofit of selected equipment with energy efficient equipment
  • Modification of entire manufacturing processing
  • Recovery of waste heat for power generation
  • ESCO Projects
  • Turnkey projects involving manufacturing, supply, erection and commissioning of energy efficient equipment

Major Industrial Sectors Covered

Iron and Steel
Fertilizers
Textile
Cement
Pulp & Paper
Aluminium
Sugar
Petrochemical
Glass & Ceramics
Refineries
Domestic / Commercial
Street Lighting
Energy Saving Scheme
DSM (MUDSM & AGDSM)
Buildings

Incentives Available

  • Please refer to IREDA Financing Guidelines
  • Grading & Re-imbursement of Grading Fees by Bureau of Energy Efficiency
  • Further, the details related to Government support / incentives / policy, if any, may be obtained from MNRE website

For Securitization

  • Securitization under Partial Risk Guarantee Fund (of BEE)
  • Securitization under Partial Risk Sharing Facility (of SIDBI)

Procurement Procedures

The borrower is required to follow the established market practices for procurement and shall demonstrate that quality goods and services are being purchased at reasonable and competitive prices. Wherever the loan is sanctioned against international lines of credit such as the World Bank, Asian Development Bank, KfW, etc., the relevant procedures will have to be followed and requisite documents will have to be submitted by the borrower.

Contact Officers

List of officers working in Energy Efficiency and Conservation Sector
Sl. No. Name Designation Email Id Mobile No.
1 Rajneesh Rai Deputy General Manager rajneesh@ireda.in 91-11-24347729 - 99
2 Sekhar Gupta Senior Manager sekhargupta@ireda.in 91-11-24347729 - 99