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Equipment finance for solar and wind assets, Neo seriesSample

by Coorg Associates (Sample) · verified by BARREL

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Ordered and invoiced through BARREL — one contract, one GST invoice.

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Coorg Neo equipment finance for solar and wind assets, offered in 5 facility size options from INR 50 lakh to INR 25 crore. Highlights: lender comparison across banks and NBFCs, refinancing options at later stage and disbursement tracking against milestones. Suited to c&I solar owners, IPPs and EPC firms and MSME manufacturing units. Delivered in line with RBI Master Directions on NBFCs, Companies Act 2013 and SARFAESI Act 2002. Mobilisation Term sheet in 1-2 weeks; serves West India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Coorg
Model
COO-368 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Term sheet in 1-2 weeks
Warranty
Fee refund if no sanction as per terms
Standards
RBI Master Directions on NBFCs, Companies Act 2013, SARFAESI Act 2002
Delivers to
West India
GST rate
18 %
Country of origin
India
Delivery terms
Site mobilisation as per work order
Returns
Re-work of defective scope at no cost
Other terms
Sample data for testing; not a real offer.

Variants

VariantSpecificationsMin. order · lead timePrice, ex GST
Facility sizeINR 50 lakhCOO-368-01Facility size: INR 50 lakh1 job · Term sheet in 1-2 weekson quote
Facility sizeINR 1 croreCOO-368-02Facility size: INR 1 crore1 job · Term sheet in 1-2 weekson quote
Facility sizeINR 5 croreCOO-368-03Facility size: INR 5 crore1 job · Term sheet in 1-2 weekson quote
Facility sizeINR 10 croreCOO-368-04Facility size: INR 10 crore1 job · Disbursement 4-10 weekson quote
Facility sizeINR 25 croreCOO-368-05Facility size: INR 25 crore1 job · Disbursement 4-10 weekson quote

Specifications

Facility sizeINR 50 lakh to INR 25 crore (see variants)
StructureSale and leasebackmade to order: Term loan / Finance lease / Operating lease
Tenor3 yearsmade to order: 5 years / 7 years / 10 years
SecurityHypothecation of equipment
Moratorium12 months
Interest basisFixed rate
Processing time6-8 weeks
DocumentsKYC, bank statements, project docsmade to order: Financials, DPR, quotations
PrepaymentAllowed with chargesmade to order: Allowed without charges after 12 months
InsuranceComprehensive cover required
Arranger fee basisPercentage of facilitymade to order: Fixed advisory fee

BARREL: Bharat Atom Renewable Resources Energy Limited