TASK ONE:
Solar Energy Company Ltd is a mid-sized renewable energy company with a successful
track record in solar power generation. The company is planning a significant expansion project
to increase its solar capacity and enter new markets.
A. Briefly define the term “Project Finance”
B. By evaluating at least four other types of lending facilities, explain why Project
Finance would be an ideal choice of lending for this expansion project.
C. The company has submitted its request to the bank for a project finance loan to
support the expansion project. Analyse the provision of assurances and project
projections which are to be adopted by the bank.
(1,050 to 1,150 words)
TASK TWO:
Company XYZ Ltd is a manufacturing firm. During a particular quarter, they experienced a
significant increase in production costs due to a sudden rise in raw material prices. However,
they failed to notice this variance until it was too late, resulting in a substantial budget overrun.
A. Briefly define the term “Budgets” and include the key characteristics of budgeting
(referring to companies).
B. Evaluate the situation by discussing the different budgetary control processes and how
they could have been better utilized in XYZ Ltd’s situation.
(1,050 to 1,150 words)
0% AI & 5% max similarity (Turnitin)
minimum 10 relevant sources
Written in accurate and professional English (essay format)
Each task to have a short Intro & conclusion (35-50words)
1. Assignment should be developed in essay style format.
2. Both tasks 1 and 2 must be completed in full.
3. Task 1 primarily emphasizes Project Finance, with brief mentions and ongoing comparisons of
other lending options to highlight why Project Finance is the optimal choice for this example.
