TAG: " Central Financial Assistance"

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MNRE Blacklists Solar Firm Over Unfinished Solar Park and Misuse of Funds

MNRE has blacklisted a renewable energy firm for failing to develop a 500 MW solar park in Maharashtra, despite receiving INR 4.10 crore in CFA. The company refunded INR 2.17 crore but must repay the remaining amount with interest.

Central Financial Assistance | January 07, 2025 | By EI News Network | 6309

MNRE Allows Developers to Avail CFA for Rooftop Solar Under PM Surya Ghar Yojana

The Ministry of New and Renewable Energy (MNRE) has clarified that Central Finance Assistance (CFA) under PM Surya Ghar: Muft Bijli Yojana can be directly provided to developers or promoters in group housing/RWA projects, ensuring the benefits are passed on to residents.

Central Financial Assistance | November 20, 2024 | By Mrinmoy Dey | 879

MNRE Issues Draft Guidelines for PSM and CFA under RESCO and ULA models of PM-Surya Ghar Scheme

The Ministry of New and Renewable Energy has issued draft guidelines for the Payment Security Mechanism and Central Financial Assistance under the RESCO and Utility Led Aggregation models of the PM-Surya Ghar Muft Bijli Yojana. The last date for sending comments/suggestions is September 17, 2024.

Central Financial Assistance | September 09, 2024 | By EI News Network | 1008

Cabinet Approves INR 4,136 Crore For Hydropower Projects in Northeast

The Cabinet’s approval for a CFA scheme aims to develop 15,000 MW of hydropower in North Eastern Region (NER), enhancing grid integration, flexibility, security, and reliability, while boosting local investment and employment.

Central Financial Assistance | August 29, 2024 | By EI News Network | 964

India Boosts Biomass Utilization with Revised CFA for Pellet Manufacturing Plants

This revision aims to support the promotion of briquette and pellet manufacturing, as well as biomass-based cogeneration in industries across the country.

Central Financial Assistance | July 24, 2024 | By Abha Rustagi | 1384

MNRE Releases Draft Guidelines for PM Surya Ghar: Muft Bijli Yojana

These guidelines, which came into effect on the scheme's launch date of February 13, 2024, outline the application process and eligibility criteria.

Central Financial Assistance | April 18, 2024 | By Abha Rustagi | 1529

Rooftop Solar Applications before Feb 13 Ineligible for CFA Under New PM Surya Ghar Scheme

Under the updated program unveiled by Prime Minister Narendra Modi, households applying after February 13, 2024, can avail a subsidy of INR 30,000/kW for residential rooftop solar systems up to 2 kW.

Central Financial Assistance | February 21, 2024 | By News Bureau | 1136

MNRE Releases Updation of Strategy for Setting Up Offshore Wind Energy Projects in India

India has unveiled a strategic blueprint for offshore wind energy development, emphasizing collaboration between government agencies and prospective developers. By leveraging three different models, the growth of the wind energy sector will be accelerated, ensuring a sustainable and renewable energy future.

Central Financial Assistance | August 21, 2023 | By EI News Network | 1860

Cabinet Okays Rs 12,031 Cr worth of Green Energy Corridor Phase-II

The Cabinet Committee on Economic Affairs (CCEA) has approved the second phase of the Green Energy Corridor (GEC) scheme with an outlay of over Rs 12,000 crore for laying transmission lines to evacuate 20 GW of power generated from renewable energy (RE) in seven states.

Central Financial Assistance | January 07, 2022 | By Manu Tayal | 2420