SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF Updated On Thu, Dec 26th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage Updated On Wed, Sep 6th, 2023 by Saurenergy Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […] Read more
DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme Updated On Thu, Dec 12th, 2019 by Saurenergy DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […] Read more
MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme Updated On Thu, Nov 21st, 2019 by Saurenergy Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme. Now, […] Read more
MNRE Invites Bids for Evaluation of 5GW VGF Scheme Updated On Fri, Nov 1st, 2019 by Saurenergy Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […] Read more
Implementation of 1000 MW Solar Power Projects With VGF Updated On Mon, Feb 18th, 2019 by Saurenergy The detailed tender document is under preparation and shall be available for download from February 28, 2019. The Solar Energy Corporation of India (SECI) has issued a notice with reference to the NIT regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use […] Read more
IMPLEMENTATION OF 1000MW GRID CONNECTED SOLAR PV POWER PROJECTS BY THE GOVERNMENT PRODUCERS WITH VIABILITY GAP FUNDING (VGF) SUPPORT FOR SELF-USE OR USE BY GOVERNMENT OR GOVERNMENT ENTITIES (CPSU SCHEME PHASE-II) Updated On Fri, Feb 15th, 2019 by Saurenergy This has reference to the NIT No. SECI/C&P/NIT/CPSU/1000MW/P-II/022019 regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use or Use by Government or Government Entities (CPSU SCHEME PHASE-II). The detailed tender document are under preparation and shall be available for […] Read more
