Investors
Green Fund For Green Energy by electrily
As a potential investor you will be first register yourself with the Fund. The process is easy as sharing your basic information like Name, Permanent Address, Contact Number and Email.
After the potential investor sign-in to the portal, she will be directed to the first investment consent. The investor can review the investment options, annuity amount/rate, payment period and consent on no of KWs.
The final step of the investment lifecycle is to provide official confirmation to the consent by agreeing to the Fund terms and conditions. The Fund will initiate the process of capturing the funds with the help of the bank to provision the site.
Bank's Role During Investment
The Fund selects the bank facilitating the investment before opening the site for investments. For direct investments, the selected bank holds the investor funds under an escrow agreement. For loan investments, the selected bank provides the relevant ADB loan based loan facilities to the investor.
The facilitating bank captures the investor funds. The investor directly transfer funds to the bank incase of direct investments under the escrow agreement option. The bank finances the investment incase of an investor opting for a bank loan. A site could be funded via direct funds or bank loans.
Types of Payment
Utility Export Payment
Utility transfers the monthly payment for the total energy export as per the prevailing rate (Rs 22 & Rs 15)
Investor Annuity Payment
The fund transfers the investor annuity payment quarterly or yearly. 8% forecasted annuity rate. This is ~ 94.3 % of the export payment
Site Rent Payment
The Fund makes yearly rental payments to the site owners. This is ~ 0.7% of the export payment