Cent Compressed Bio Gas (CBG) Scheme

Purpose

The scheme is aimed to provide the finance for setting up New Compressed Bio Gas Plants and up gradation of Existing Bio Gas Plants

Eligibility

*Sole Proprietorship/ Partnership/ Limited Liability Partnership/ Companies/ Cooperative Societies and Other Constitution of  Borrowers permissible by Ministry of  Petroleum and Natural Gas.

Nature of facility

Term Loan/CC/ODBD/ BG/LC 

Margin

Minimum 25%

Security

Minimum 50% Collaterals to be obtained where forward and backward linkage are in place and in other cases 100% collaterals are to be obtained.

Interest Rate

Upto Rs 100.00/- Lakh -
Above Rs100.00 Lakhs

MCLR + 1.35%
As per credit rating of  the borrower

Repayment

Working Capital – Maximum period of 12 Months – Annual Renewal
Term Loan – Maximum 12 Years including moratorium of 6 months to 2 years repayable in Monthly/ Quarterly instalments.