– What are the requirements to become a financial partner of the BIRU program?
- Institutions or organizations that are legal entities and have bank accounts in the institution (not individuals) and the institution’s NPWP.
- Committed to building a biogas market in the region
- Has the same working area as the BIRU program area
- Have adequate construction personnel
- Have a business plan for the construction of a minimum of 100 domestic biogas reactors for the first year
- Have collaborated with government agencies and or companies in CSR programs (preferred)
- Willing to comply with the requirements put forward by BIRU and ensure that the biogas reactor standard is built according to BIRU standards
- Signed a cooperation agreement with YRE, as the implementing agency for the BIRU program
– How do you become a financial partner of the BIRU program?
- Prospective partners can come or contact Yayasan Rumah Energi.
- Fill out the business plan form and institution profile as data, then submit all documents to Yayasan Rumah Energi.
- Yayasan Rumah Energi team will send the documents to the PC; then, the selected papers will be called to conduct an interview.
- The PC will provide recommendations from the interview results, and then Yayasan Rumah Energi team will contact potential partners.
– What is the blended finance scheme?
Blended finance or mixed financing is also one of the financing features of the BIRU program. This hybrid financing can be done by corporate/corporate partners, Yayasan Rumah Energi, and the government if they have a subsidized financing program. Prospective users can get this if they participate in one of the BIRU financing programs.
– What are the risks faced by the BIRU program financing partners?
To become a financing partner for the BIRU program, several legal requirements are needed to minimize loss risk. However, the risk that most often occurs is the interruption of the payment process due to constraints on the user’s part.
However, to overcome this, the BIRU program has a collaborative program between development partners and financing partners so that they are continuously integrated so that they can overcome risks.