Section 9(p) in The Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016
(p)provide a written assurance alongwith the institutional structure relating to the independence of implementing agency staff from the review, appraisal and financing of the projects that are put up for guarantee facility to Partial Risk Guarantee Fund for Energy Efficiency. Further, total guarantees provided to the implementing agency (Public Financial Institution) shall be limited to ten percent of the total fund value.
