Home » Rakesh Singh

Tag: Rakesh Singh

Post
5/25 scheme may benefit projects with stable cash flows

5/25 scheme may benefit projects with stable cash flows

We must understand project finance in the traditional sense. Project finance works only when all material approvals for a particular project are in place and the same is then handed over to a successful bidder like the bidding for UMPP was done in India. The bidder can then straightaway proceed for financial closure. This will ensure there are no time and cost over-runs on account of delay in approvals.