MNRE Grading

Grading Criteria and Scale

Grading Criteria

RESCO

Technical Capability

• Promoter Track Record
• Project Management Capability
• Customer Concentration, Quality and Ability to manage Receivables
• Customer and O&M Network

Financial Strength

• Networth
• Bankers Feedback
• Financial Flexibility
• Project Related Assessment

System Integrators

Technical Capability

• Promoter Track Record
• Technical Expertise and Adequacy of Manpower
• Quality of Suppliers and Tie-Ups
• Customer and O&M Network

Financial Strength

• Sales
• Return on Capital Employed
• Total outside Liabilities/Tangible Networth
• Interest Coverage
• Net Worth
• Bankers Feedback on Conduct Of Account & Integrity
• Current Ratio

Scale

The grading is done based on two main parameters - Technical Capability and Financial Strength. The grading matrix is a 5x5 matrix as shown below

Grades assigned are valid for two years.

The channel partners are graded and classified into five categories. 1 to 5 depicts the technical strength with 1 being the highest. A to E depicts the financial strength with A being the highest. The combined grade assigned reflects the overall capability and capacity of the channel partner.