Académique Documents
Professionnel Documents
Culture Documents
07 February 2013
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Outline
Background Objective of MHDF General Features Targets Funds Flow
Status of MHDF
Lessons Learned
Q&A
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Background
High commercial rate for MHPs Mismatch between banks fund and long term loan
financial services
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hydro sector can be profitable and managed by interested financial institutions as a commercially sustainable business
General Features
Euro 500,000 fund for soft loan to MHPs Additional 42,000 Euro (TA) for capacity building of local institutions, AEPC and rural communities Selection of two banks (CEDBL, HBL)
Additional Euro 600,000 fund (+ 50,000 Euro for TA) available Up to 40% debt financing possible
Pure project financing approach
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General Features..
Major Targets
6,500 people in social infrastructure 600 people benefitting from productive end uses
GoN
BANK 1 LFIs
ESAP II/RERL
NRREP
MHPs
MHPs
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Status of MHDF
Two banks selected (CEDBL/HBL) Euro 150,000 disbursed equally
Lessons Learned
Public land as a collateral is a problem
Time taken for assessment is the deterrent factor
for the banks More training and capacity building needed Fulfilling documentary requirement by MHPUC is lengthy Hence, assessment by banks is lengthy More banks need to be inducted
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Thank You
for Your Kind Attention
For More information: www.aepc.gov.np
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