Which are the Agencies provides Concessional Loans for Rooftop Solar Developers

As no Central financial subsidy is now available for commercial and industrial sectors, MNRE initiated the proposal for multilateralconcessional loans from the World Bank (WB), Asian Development Bank (ADB) and New Development Bank (NDB) to support RTS project developers. All the three multilateral banks have approved proposal for$1370million concessional loans Read more…

MNRE makes standardization of Rooftop Solar Documents

To ease and expedite the process of RTS implementation in Government sector, model bidding documents for both CAPEX and RESCO modes has been developed by MNRE; i.e. Memorandum of Understanding (MoU) forexecution between Organisation /Urban Local Bodies/Ministry /Departments and PSU, Engineering, Procurement and Construction(EPC) Agreement for CAPEX /Ownership model and Read more…