ENCON FUND

1. Revolving Fund

1.1. The program ended in 2011

1.2. Regulated by DEDE

1.3. A 2 step mixed loan; DEDE gives 7,000 million THB loan to 11 commercial banks at 0.5% interest rate. The banks mix 7,000 million with 7,500 million private money, and then give a loan to investors at 4% interest rate with a payback period of 7 years.

2. ESCO Fund

2.1. 6 sub-programs but only 2 are being implemented (equity investment and equity leasing)

2.1.1. Equity Investment

2.1.1.1. Size of equity investment: 10%-50% of total equity but limited to 50 million baht per project, and not to be the major shareholder.

2.1.1.2. Investment period 5-7 years.

2.1.1.3. Exit method: sell the share back to entrepreneur at agreed price

2.1.2. ESCO venture capital

2.1.3. Carbon credit facility

2.1.4. Equipment leasing

2.1.5. Credit guarantee facility

3. 80/20 or 70/30 Subsidy

4. Tax incentive

5. DSM bidding

5.1. Regulated by EPPO

5.2. The program ended already.

5.3. Procedure: companies requesting lower weighted subsidy rates are subsidized first - bidding mechanism.

5.4. Subsidy is based on actual units of energy saving achieved in a year.