Listening...

Loading...
Voice search animation
Close voice search

Circulars

Scheme for Financing Power Plants Using Renewable Energy - Re-fixation of Rates of Service Charges

February 23, 2015
8727

The Presidents/ CEOs,

All Banks/DFIs

Dear Sirs/ Madams,

Scheme for Financing Power Plants Using Renewable Energy-

Re-fixation of Rates of Service Charges

Please refer to IH&SMEFD Circular No. 03dated January 01, 2013 on the captioned subject.

  1. It has been decided that from the date of issuance of this circular, the rates of service charges for banks/DFIs and rates for end users under the captioned Scheme shall be as under: -
Tenor Rate of Refinance Bank’s/DFIs’ Spread End User’s Rate
Up-to 5 years 5.00% 2.50% 7.50%
Over 5 years and upto 10 years 4.50% 3.00%
  1. Other instructions on the subject shall remain unchanged.

Yours sincerely,

Ghulam Muhammad
Director