16th release of the national energy Administration's guidance on encouraging social capital investment in hydropower station. Opinions clearly, through the establishment of a complete development system of managing pricing, return on investment, taxation and other policies to support and guide social capital investment in hydropower station.


View presents four policy measures to improve social capital investment: first, improve the hydropower development policy. Promote water and electricity market prices, research for cascade benefit compensation mechanism under power market process, gradually improve the mechanism of electricity price mechanisms and project return on investment.




Second is to strengthen government investment guide. Optimization of Government direction of investment, comprehensive utilization of hydropower in Tibetan areas and heavy tasks, poor welfare is strong, the expected return of major hydro-electric projects, research by way of investment grants and capital investment and loans to support it, and to give priority to supporting the introduction of social capital project.


Third is to innovate the mechanism of investment and financing system. Encourage banking institutions to increase financial innovation, exploring power generation expected returns or project assets as loan credits (MS) charge collateral, allow hydroelectric project-related income to be used as the source of repayment and increase credit support for hydropower construction.


Four is the establishment of benefit-sharing mechanisms, protection of comprehensive utilization of water resource development benefits at the same time, fully consider the resources and interests, according to the law and actively explore and study the establishment of project owners, local government, immigration benefit sharing mechanism of hydropower development to benefit people, and benefits shared hydropower benefits and project owner has the option to play as a major target.


In terms of market supervision, commented that speeding up hydropower construction of credit system in the area, establishing a blacklist of enterprises and investor bad credit system, establish and improve the credit history, credit information sharing and Exchange platform and incorporating national unity, raise the illegal default costs.


In addition, opinions, establish effective risk-sharing mechanisms. In principle, risk investment, construction, operation and management of the project by the enterprises themselves; the legal and policy changes, relocation and resettlement (Enterprise's legal responsibilities and obligations as agreed in the contract), geologic and seismic, hydro-meteorological conditions, such as significant changes in the risk by the Government (the tenderer) commitment to natural disasters and other force majeure risks shared by both parties.