INCENTIVES AVAILABLE FOR WIND SECTOR

The Government is promoting wind power projects in entire country through private sector investment by providing various fiscal and financial incentives such as Accelerated Depreciation benefit; concessional custom duty exemption on certain components of wind electric generators. Besides, Generation Based Incentive (GBI) Scheme was available for the wind projects commissioned Read more…

SCHEME FOR SETTING UP OF 1000 MW OF GRID CONNECTED SOLAR PV POWER PROJECTS BY CPSUS AND GOVT. ORGANIZATIONS UNDER VARIOUS CENTRAL/ STATE SCHEMES/SELF USE/3RD PARTY SALE/MERCHANT SALE WITH VIABILITY GAP FUNDING (VGF) UNDER PHASE-II OF JNNSM.

The Ministry launched the above scheme in January 2015 , the Scheme is closed for new sanctions. Under this Scheme, MNRE has sanctioned around 882 MW grid-connected solar PV power plant capacity to   9 CPSUs/Govt. Organizations. As of 31.12.2019, all the sanctioned 882 MW capacity solar PV projects have been Read more…

3.6.6 CPSU SCHEME PHASE-II FOR SETTING UP 12,000 MW GRID-CONNECTED SOLAR PHOTOVOLTAIC (PV) POWER PROJECTS BY CPSUS/ STATE PSUS/ GOVERNMENT ORGANISATIONS, WITH VIABILITY GAP FUNDING (VGF) SUPPORT FOR SELF-USE OR USE BY GOVERNMENT/ GOVERNMENT ENTITIES, EITHER DIRECTLY OR THROUGH DISTRIBUTION COMPANIES (DISCOMS)

Government of India, through Ministry of New & Renewable Energy (MNRE), on 05.04.2019, has approved Implementation of CPSU Scheme Phase-II for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects by CPSUs/ State PSUs/ Government Organisations, with Viability Gap Funding (VGF) support over 4 years 2019-20 to 2022-23 for Read more…

Renewable Energy Projects

Most of renewable energy projects in the country are being implemented by the private sector developers selected through transparent bidding process. Government has issued standard bidding guidelines to enable the distribution licensees to procure power at competitive rates in cost effective manner. In order to be competitive, developers are encouraged Read more…