2011 Summary can be downloaded HERE - FT Live

Session Takeaways
Given a viable project, the panelists’ viewpoint was that there are abundant funding options available from private
equity players, banks and development institutions
24
The panel comprised of leaders from the banking sector, private equity firms, development institutions and
the industry
Two broad discussion areas covered: a) financing sustainable industries such as wind power, solar energy
etc, and b) financing that is sustainable to all stakeholders
From the industry perspective, post 2008, financing has been a challenge, though good projects have been
able to attract investors
Development of sustainable sectors requires significant support from the Government. Some initiatives
taken by the Government include capital subsidy scheme for mega food parks, tax incentives etc.
There is higher perception of risks associated with Indian companies in sustainable sectors. This is primarily
due to lack of data and the industry being at a nascent stage. Industry and financial institutions look forward
to a consistent and transparent policy framework from the Government
Banks and Financial Institutions are under pricing the project risk as there is a deficiency of good bankable
projects in sustainable sectors, and high competition among financial institutions for these projects. Some
banks are developing knowledge expertise to mitigate these risks and obtain better returns through
“Knowledge Arbitrage”