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Scheme for setting up of over 5000 MW Grid-connected SPV power projects under IV of JNNSM PHASE-II

About

The objective of this scheme is Setting up of over 5000 MW Grid-connected SPV power projects under IV of JNNSM PHASE-II and scaling up of sizes of projects thereby leading to economies of scale. The scheme aims to facilitate speedier implementation of the solar power projects through adoption of mechanism of solar parks to meet the Phase-II target of NSM, wherever feasible, subject to meeting the timelines set by the Government of India etc.
Funding Organization
Funding Agency
Ministry of New and Renewable Energy (MNRE)
Quick Information
Ministry / Department
Ministry of New and Renewable Energy (MNRE)
Organisation
Ministry of New and Renewable Energy (MNRE)
Programme Type
Societal Development
Focus Area
Energy Sciences, Physical Sciences, Earth, Atmosphere & Environment Sciences
Purpose
Infrastructure
Fellowship / Financial Assistance
Viability Gap Funding (VGF) support of Rs. 5050 crore will be provided for setting up of at least 5000 MW Grid-connected Solar PV power projects by Solar Power Developers on Build-Own-Operate basis.Rs. 1.0 crore/MW for open category and Rs. 1.25 crore/MW for projects in Domestic Content Requirement (DCR) category
Application Method
Online
Status
Active
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