RESCO Grading

  • Overview & Advantage
  • Grading Framework
  • Advantages of Grading

Ministry of New and Renewable Energy (MNRE) has launched Jawaharlal Nehru National Solar Mission (JNNSM) with an objective to promote the use of renewable sources of energy and also facilitate increased penetration of solar technology in the country. The mission envisages providing capital and interest subsidy to make the solar off-grid projects commercially viable and workable on a sustainable basis.

To scale up the said program, increase participation of capable entities and reduce transaction time, the Mission has envisaged that Renewable Energy Service Companies (RESCOs) and System Integrators obtain an accreditation from a rating agency like Credit Analysis & Research Ltd. (CARE) so as to enable them to submit project directly to MNRE.

CARE has been empanelled by MNRE for carrying out the Accreditation/Grading exercise for Renewable Energy Service Companies (RESCOs) and System Integrators (SI) under Jawaharlal Nehru National Solar Mission. CARE’s Grading will reflect “The performance capability and financial strength of channel partner to undertake off-grid solar projects.”

CARE‘s grading will reflect “The performance capability and financial strength of channel partner to undertake off-grid solar projects.”

Grading Parameters for RESCO

Performance Capability

Financial Strength

Grading Parameters for System Integrators

Performance Capability

Financial Strength

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