How to Apply for a Bank Loan for a 2.0 MW Solar PV Project under PM-KUSUM Component A | SolSetu
How to Apply for a Bank Loan for a 2.0 MW Solar PV Project under PM-KUSUM Component A
Applying for bank financing for a 2.0 MW Solar PV Project under the PM-KUSUM Component A scheme is a high-potential opportunity for developers, EPCs, and solar entrepreneurs. This guide explains the loan process, documentation, DSCR expectations — plus an important industry update from Solar Asia Expo 2025 Indore.
Important Industry Update: Solar Asia Expo 2025 Indore
Developers preparing for PM-KUSUM projects — especially 1 MW to 2.5 MW capacities — should strongly consider visiting the Solar Asia Expo 2025 – Indore Chapter, happening from 12–14 December 2025 at Urban Haat Ground, Indore.
As the Official Media Partner, SolSetu highlights this expo as one of India’s most important solar B2B meet-ups for:
- Module & inverter manufacturers who support KUSUM-specific designs
- Ground-mounted EPC firms offering turnkey 2MW solutions
- Financiers, NBFCs, and representatives from public-sector banks
- Land aggregators, power infrastructure experts & BOS suppliers
For developers seeking a bank loan, the expo provides:
- Direct meetings with lenders familiar with PM-KUSUM underwriting
- Access to EPC partners with proven 2MW KUSUM project experience
- Realistic CAPEX numbers to strengthen your financial model
- Networking with technology providers offering 25-year warranties
👉 Register or Book Your Booth via SolSetu:
Join Solar Asia Expo 2025 – Indore
Attending the expo strengthens your loan proposal — lenders appreciate when your DPR includes verified EPCs & product vendors contacted directly at the event.
1. What Lenders Look for in a 2.0 MW Solar Project
- Complete DPR (layout, generation, PR, CUF estimates)
- Land documents (title/lease), survey reports, site feasibility
- Financial model with DSCR ≥ 1.25
- EPC contracts and vendor warranties
- Bank statements & past financials (if LLP/Pvt Ltd)
2. Documents Required for Bank Appraisal
- Company KYC and incorporation documents
- DPR with technical BOQ & costs
- Land ownership/lease agreements
- Projected cash flows & PPA/offtake details
- Net worth declaration of promoters
- Equipment datasheets & warranty certificates
3. DSCR, IRR & Financial Viability Benchmarks
Banks prefer a conservative solar model. A healthy project should show:
- DSCR (Base Case): 1.25 – 1.35
- Project IRR: 11% – 14%
- Promoter margin: 20% – 30%
4. How SolSetu Supports Developers
SolSetu connects developers with EPC partners, finance advisors, and equipment suppliers experienced in PM-KUSUM Component A projects.
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