India’s target of 500 GW non-fossil fuel capacity by 2030 underpins one of the world’s largest renewable energy investment programmes. Infra Advisors advises across solar, wind and waste-to-energy, supporting developers, IPPs, utilities and lenders through development, procurement and financing cycles.
Find answers to common questions on renewable energy development, project financing, PPAs, debt structuring, and investment advisory for sustainable power projects.
Utility-scale solar financing in India relies on PPA-backed cash flows secured against SECI, NTPC, or state discom offtake agreements, with debt-to-equity ratios of 70:30 or higher. Infra Group advises solar developers on PPA structuring, tariff benchmarking, lender due diligence support and debt syndication, helping projects achieve financial close efficiently within SECI and state tender frameworks.
Offshore wind development in India faces challenges including emerging seabed leasing policy, high capital costs, grid connectivity uncertainty and the absence of a tested project finance framework. Infra Group advises offshore wind developers on MNRE policy navigation, capital structure design, PPA negotiation and lender engagement, drawing on experience from conventional onshore wind project finance structures.
WE projects typically receive VGF from Urban Local Bodies or state governments to bridge the gap between tipping-fee revenues and capital recovery. VGF assessment requires detailed financial modelling of gate fees, power tariffs and O&M costs. Infra Group advises WtE developers on concession structuring, tipping-fee benchmarking, VGF optimisation and project finance arrangements for municipal solid waste treatment projects.
A Power Purchase Agreement is the primary revenue contract that underpins project finance debt for wind projects. Lender appetite depends on offtaker creditworthiness, PPA tenure, force majeure provisions and grid curtailment protections. Infra Group assists wind developers with PPA negotiation strategy, tariff benchmarking under SECI and state tenders and lender due diligence for onshore wind project financing.
Financing combined solar and wind capacity requires lenders to assess blended generation profiles, shared grid costs and revenue from both PPAs. Infra Group draws on its solar and wind advisory experience to support financial modelling, lender information memoranda and debt syndication for developers pursuing SECI's hybrid renewable energy tenders.
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