Loan Policy Circulars - Guidelines / Procedures Related           
          

Guidelines / Procedures Related Loan Policy Circulars
	Policy Guidelines in respect of Premature Re-payment / Pre-payment of REC’s Term Loans & Short Term Loans vide LPC no. 002/2011 dated 20th Jan, 2011
	Charging of Upfront Fee in respect of Renewable Energy Projects vide LPC no. 006/2010 dated 3rd Nov, 2010
	Relaxation of T&C relating to Grading & charging additional interest of 0.5% p.a. for not providing default escrow, for the borrowers falling under the category of State Govt. Power Deptt. directly under the State Govt., and Extension of General Rebate/additonal rebate for Power Utilities of NE States vide LPC no. 004/2010 dated 24th September, 2010
	REC's scheme for Financing Power Purchase/Sale through Indian Energy Exchange vide LPC no. 001/2010 dated 13th Jan, 2010
	Securities to be furnished by the Borrowers for availing of REC Term Loans including for projects under Accelerated Power Development and Reforms Programme (APDRP) vide LPC no. 006/2009 dated 09th June, 2009
	Levying of Upfront Fees for Private Sector T&D Projects vide LPC no. 015/2008 dated 14th Oct., 2008
	Guidelines for valuation of existing assets for creation of first charge in favour of REC by State Sector Borrowers vide LPC no. 010/2008 dated 11th Aug., 2008
	Acceptance of Trust & Retention Account (TRA) & Revenue Retention Account as any other security mechanism acceptable to REC in respect of private IPPs/ Borrowers vide LPC no. 009/2008 dated 31st July, 2008
	Processing of loan proposals of Private Sector through the In-house Screening Committee, before putting up for sanction to the Competent Authority vide LPC no. 005/2008 dated 17th June, 2008
	Processing of loan proposals of State Sector or Private Sector through the In-house Screening Committee, before putting up to Board for sanction vide LPC no. 002/2008 dated 14th May, 2008
	Dated 26th November, 2007
	Dated 23rd July, 2007
	Dated 23rd May, 2007
	Dated 10th May, 2007