SBP to ease limitations for renewable energy solution providers

- Business - October 11, 2021

On Monday, SBP has announced that it has eased the restrictions for renewable energy solution providers under its Refinance Scheme for Renewable Energy to heighten investment in the renewable energy sector. It said all Renewable Energy Investment Entities, interested in installing renewable energy projects can avail refinance under category III of the scheme. Under Category III, financing is allowed to vendors/suppliers/energy sale companies for installation of wind and solar systems of up to 5 MW.