Question
As per RBI draft prudential guidelines for Advances -
Projects Under Implementation, Directions, 2024, for infrastructure projects under PPP model, land availability to the extent of __________ can be considered sufficient by lenders to achieve financial closure.Solution
As per RBI draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024: For any project , all mandatory pre-requisites should be in place before financial closure . An indicative list of such pre-requisites includes availability of encumbrance free land and/or right of way, environmental clearance, legal clearance, regulatory clearances, etc., as applicable for the project. ·        For infrastructure projects under PPP model , land availability to the extent of 50% or more can be considered sufficient by lenders to achieve financial closure. Â
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