Discussion on project financial leasing used in power grid construction financing

To solve the problem of the shortage of power grid construction capital and to widen financing source, innovative financing modes such as ABS, financial leasing and BOT were studied and used. Project financial leasing is an innovative financing mode that combines financial leasing with project financing. It has some special attributes such as project guiding, limited recourse, goods financing instead of capital financing and separation usufruct from ownership. Through analyzing the special attributes of project financial leasing and the requirements of power grid construction financing, it is demonstrated that applying project financial leasing to power grid construction financing is feasible, and the operation outline is pointed out. There exist basic conditions for applying project financial leasing to power grid construction financing, but some contents require to be made further research on.