Common issues repeatedly identified across past NBC submissions, MROC minutes, technical adviser feedback and transactor responses.
| Issue Area | Typical Weakness | Quick Check | Classification | Action taken |
|---|---|---|---|---|
| Ownership & UBO | UBO disclosure incomplete or offshore parent not reconciled | Check CAC filings, require PEP declaration, reconcile with parent structure | PRE-NBC BLOCKER | Multiple NBCs flagged UBO gaps |
| EPC/OEM Identification | EPC/OEM listed as TBD at NBC | Confirm EPC/OEM contracted with track record and warranties | PRE-NBC BLOCKER | Developer delayed until EPC identified |
| Demand Forecasting | No raw survey data, assumptions unrealistic vs benchmarks | Check survey samples and link to model inputs | DUE DILIGENCE | Developer flagged for weak demand forecast methodology |
| Financial Model | Equity only commitment letters, no bank proof | Require cash evidence of ≥20% equity contribution | PRE-NBC BLOCKER | Developer paused until equity confirmed |
| Subsidy/Grant Disclosure | Grant reliance not disclosed in NBC paper, only in model | Ensure subsidy reliance disclosed with signed agreements | PRE-NBC BLOCKER | Developer flagged in multiple NBCs |
| Legal Contracts | MoUs presented as PPAs, land rights not secured | Require executed PPAs ≥10 years, proof of lease/title | PRE-NBC BLOCKER | Developer flagged for contract weaknesses |
| ESG Compliance | No recycling/e-waste plan, weak gender metrics | Check recycling plan, IFC PS compliance, gender inclusion KPIs | DUE DILIGENCE | Developer flagged for weak ESG plan |
| Productive Use of Energy | No rollout plan, anchors missing, demand assumed from COD | Check phased PUE plan (12–18m post-COD), anchor pipeline, breakeven mix | DUE DILIGENCE | Developer flagged for lack of PUE strategy |