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Nazmul Haque
Director & Head of Investment Infrastructure Development Company Limited (IDCOL)
3rd Annual AsiaPacific Dialogue on Clean Energy, Governance, Policy, Law and Regulation June 4~5, 2012
IDCOL is a state-owned financial institution dedicated to promote private sector financing in infrastructure and renewable energy sector. IDCOL Solar Home System (SHS) Program:
Program at a glance Program Structure Fund Flow and Role of Partners System Design and Up gradation Financing Structure Quality Control Mechanisms Challenges & Mitigations Prerequisites to Develop Similar Program
: 2.5 million SHS by 2014 : 1.4 million as of Apr 2012 : 7 million : 70 MW : About 140,000 ton/year : 70,000
Program Structure
Suppliers
Supply Equipment Pay for Equipment Provide grant & loan Provides approval Seeks approval
PO Selection Committee
Applies
Select POs
NGO/PO
IDCOL
Operations Committee
Household
Donors
Donor
Provides grant and soft loans Provides technical assistance needed
GoB
Provides grant and soft loan to IDCOL Provides policy support
IDCOL Provides grants to reduce SHS cost and for capacity building Provides soft loans Provides training, promo support Monitors implementation
PO
Identify potential customers Installs SHS Extends micro-credit Provides after sales services
Household
Maintain system Repay loan in monthly installments
Debt Service
Debt Service
Debt Service
Debt Service
85Wp
4-5 hours
Technology Up gradation
CFL Bulb LED Light Gel Battery DC-DC Converter to run color television, fan, refrigerator etc.
Financing Structure
(a) Market Price of 50 Wp SHS USD 400 USD 25 USD 375
(b) Buy-down Grant (Grant A) (c) System Price for Household [(b)-(a)]
(d) Down Payment from Household to PO [15% of (c)]
USD 56
USD 319
3 years 12% p.a. USD 8.5
Grace period
Interest rate
: USD 25 per system : USD 0~12 per system : 70%~80% of POs loan to household : 5~7 years : 6~12 months : 6%~9%
Training Programs
Lodges complain
IDCOL
Informs PO
Household
PO
Thank You
Q&A
Infrastructure Development Company Limited (IDCOL) UTC Building (16th Floor), 8 Panthapath, Dhaka 1215 Phone: +880-2-9102171~8 Fax: +880-2-8116663 E-mail: nhaque@idcol.org www.idcol.org