TENDERS & PROCUREMENT

SBI World Bank Grid Connected Rooftop Solar PV Program Financing Guidelines

By TEAM CIRCULAR EXPRESS • 08 Aug 2026
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State Bank of India has launched a customized financial product to support the Government of India's target of 40 GW of rooftop solar projects by 2030 using a World Bank line of credit. The program provides term loans and working capital facilities to eligible entities like sole proprietorships, companies, and NBFCs in the power sector. Financing is available through identified SBI branches across the country, subject to specific eligibility, pricing, and security criteria. Applicants must comply with World Bank guidelines on procurement and environmental, health, and social standards. Interested parties can contact the bank or visit designated branches for further details.
City
Multiple cities across India
State
All India
purpose of issuance
To outline the benchmark parameters, eligibility criteria, and terms for financing Grid Connected Rooftop Solar PV projects under a World Bank line of credit.
Most Important Details
Loans cover up to 75% of project cost with a maximum 15-year repayment period, linked to MCLR or EBR plus a spread of 70-140 bps; requires minimum 1.10 FACR and 1.20 DSCR.
City_1
Multiple cities across India
State_1
All India
purpose of issuance_1
To outline the benchmark parameters, eligibility criteria, and terms for financing Grid Connected Rooftop Solar PV projects under a World Bank line of credit.
Most Important Details_1
Loans cover up to 75% of project cost with a maximum 15-year repayment period, linked to MCLR or EBR plus a spread of 70-140 bps; requires minimum 1.10 FACR and 1.20 DSCR.

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