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Accelerating the renewable energy development project | |
Author | Le, Kim Dung |
Subject(s) | Renewable energy |
Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (Executive) in International Business – Management of Technology (VN), School of Management |
Publisher | Asian Institute of Technology |
Abstract | The Renewable Energy Development Project is the project that provides concessional credit to the renewable energy projects through commercial banks (participating banks). The project has been being implemented since 2009 and will close by June 30, 2014. The project has a large credit remained and available but received no new pipeline projects since late 2011. The research found the two main obstacles to prevent the new subprojects approaching REDP for refinancing. First, the REDP required a high level of compliance with safeguards policy and leads to increasing the investment cost to the subprojects. Second, the lending rate from REDP to the subprojects is the commercial rate and is not competitive with other sources. No incentives from the REDP in addition to the macro economic recession, no new subprojects are proposed for refinancing. The analysis of data from actual subprojects recommends three solutions for accelerating the REDP project that are (i) discount 2% from the on-lending rate to PBs for covering the additional cost arisen from compliance with safeguards policy required by REPD; (ii) shorten the maturity for calculation of average weighted on-lending rate; and (iii) extend REDP closing date. |
Year | 2013 |
Type | Project |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (Executive) in International Business - Management of Technology (VN/BKK)) |
Chairperson(s) | Sunanta Siengthai; |
Examination Committee(s) | Swierczek, Frederic William;Do, Ba Khang; |