Tourism Finance Corporation of India Ltd (TFCI) is a public sector financial institution that was established in 1989 as a non-banking financial company (NBFC) with the objective of providing financial assistance and support to the tourism industry in India. Since then, TFCI has expanded its operations to include financing of various other sectors such as renewable energy, infrastructure, and real estate.

TFCI has been actively involved in the development of wind energy projects in India since 2007. The company has provided financial assistance to several wind energy projects across the country, including the states of Tamil Nadu, Gujarat, Maharashtra, and Rajasthan. TFCI’s main focus in the wind energy sector is to provide long-term financing solutions to wind energy developers and investors.

TFCI’s involvement in the wind energy sector is driven by the increasing demand for renewable energy in India. The government of India has set a target of achieving 175 GW of renewable energy capacity by 2022, of which 60 GW is expected to come from wind energy. With the increasing demand for renewable energy, TFCI sees a huge potential for growth in the wind energy sector.

TFCI’s approach to wind energy project financing is based on a thorough evaluation of the project’s technical and financial feasibility. The company’s team of experts evaluates the project’s location, wind resource, technology, and other factors to determine its viability. TFCI also evaluates the financial viability of the project by analyzing the project’s revenue streams, operating costs, and capital expenditure.

Once a project is deemed feasible, TFCI provides long-term financing solutions to the project developer or investor. The company’s financing solutions include debt financing, mezzanine financing, and equity financing. TFCI’s debt financing solutions include term loans, working capital loans, and project-specific loans. The company also provides mezzanine financing solutions such as convertible debt, preference shares, and warrants. TFCI’s equity financing solutions include direct equity investments and participation in special purpose vehicles (SPVs).

TFCI’s wind energy project financing solutions are tailored to meet the specific needs of each project. The company works closely with project developers and investors to understand their requirements and provide customized solutions. TFCI’s financing solutions are also designed to minimize the risk for the investor while maximizing the returns.

TFCI’s involvement in the wind energy sector has been instrumental in the development of several wind energy projects in India. The company’s financial assistance has helped to bridge the funding gap for many projects and has enabled developers to complete their projects on time. TFCI’s involvement in the wind energy sector has also helped to create employment opportunities and promote economic development in the regions where the projects are located.

TFCI’s commitment to sustainability is reflected in its involvement in the wind energy sector. The company recognizes the importance of renewable energy in achieving sustainable development and is committed to promoting the use of renewable energy in India. TFCI’s involvement in the wind energy sector is aligned with the United Nations’ Sustainable Development Goals (SDGs), particularly SDG 7, which aims to ensure access to affordable, reliable, sustainable, and modern energy for all.

In addition to its involvement in the wind energy sector, TFCI is also involved in other renewable energy sectors such as solar energy and biomass energy. The company’s involvement in these sectors is driven by the same commitment to sustainability and the same focus on providing long-term financing solutions to developers and investors.

TFCI’s involvement in the renewable energy sector has helped to position the company as a leader in sustainable finance in India. The company’s expertise in renewable energy project financing has been recognized by various organizations, and TFCI has received several awards for its contribution to the renewable energy sector.

TFCI’s involvement in the wind energy sector is expected to continue in the future as the demand for renewable energy in India continues to grow. The company’s focus on providing long-term financing solutions to wind energy developers and investors is expected to play a crucial role in the development of the wind energy sector in India. TFCI’s commitment to sustainability and its expertise in renewable energy project financing make it a valuable partner for any wind energy project in India.