SUBSCRIBE NEWS LETTER

viability gap funding

CCEA Approves Proposal For Setting Up 12 GW Solar Projects 

The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […]

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CCEA approves proposal for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister, Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-llfor setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, by the Government Producers with Viability Gap Funding (VGF) support […]

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Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL)

Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […]

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Scheme for Development of 14 MW Solar Plant with Linked Storage in Ladakh

The lands for setting up of solar projects with battery storage will be facilitated by LREDA and KREDA. The Ministry of New and Renewable Energy (MNRE) under the order of the President of India has launched a new scheme for setting up Solar PV Projects with aggregate battery storage capacity in Leh & Kargil. The […]

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India Received $3.2 Bn of FDI in Renewable energy in Last Three Years

In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […]

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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects

Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […]

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Promotion of Solar Energy

The Ministry of New and Renewable Energy (MNRE) has been implementing various schemes in the country, including in Madhya Pradesh, to promote solar energy. The names of the schemes are as under: i. Development of Solar Parks and Ultra Mega Solar Power Projects. Scheme for setting up 1000 MW of Grid-Connected Solar PV Power Projects […]

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