MNRE announce scheme for setting up of over 50 MW of Grid-Connected Solar PV Power Projects

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Solar PV project

“MNRE has announced Scheme for setting up of over 50 MW of Grid-Connected Solar Power Projects in High Visibility areas with Viability Gap Funding (VGF) under Batch-VI of Phase-II of JNNSM. The total target capacity is 50 MW under this scheme, which would be set up in a period of two years i.e. 2015-16 and 2016-17. Applicable tariff developers would be from Rs.4.43 to Rs. 5.43 per kWhr fixed for 25 years, based on the varying nature of projects. HIGH VISIBILITY AREAS 1. Projects in major towns, where land cost is high, but lot of people visit for demonstration purpose. ii. Adarsh Gram Yojna Villages. iii. Demonstration projects in Technology parks, locations where public Visit like Museums, main markets, islands etc.”

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