Renewable Energy
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HIGHLIGHTS |
Nodal Agency |
Ministry of New and Renewable Energy |
Applicable Technologies |
Grid-interactive wind power projects |
Policy Period |
12thFive Year Plan. |
Incentive Amount |
Subsidy is linked to project capacity (Capacity in MW) and the per MW subsidy will decrease with increased capacity of projects above 1 MW and vice versa. Rs.3 crore x (Capacity in MW) ^0.646 (NE region, Sikkim, J&K, HP & Uttaranchal) Rs.2.50 crore x (Capacity in MW)^0.646 (other states) |
Eligibility Conditions |
Installed capacity greater than 500 kW - not more than 1% of technical potential of the state or 6 MW, whichever is less; states where commercial activity has not been initiated/taken off. The scheme provides for grant of subsidy to wind power demonstration projects. |
Release of Incentives |
Upfront subsidy/Part subsidy: For govt. sector projects - 25% at the time of sanction, 50% at physical progress on the ground, and 25% after commissioning.
Back-ended subsidy: Released in a single instalment, on successful commissioning of the project and performance testing during which 80% of rated capacity should be demonstrated for 90 consecutive days and 100%rated capacity for at least 72 hours. |
Additional Information |
Prescribed formats for subsidy application are provided in the scheme document. |
Links |
http://mnre.gov.in/schemes/grid-connected/solar-thermal-2/schems/ |
References |
About Portal
'All About Renewables' aims to bring about a change in the way we 'look and search' for data on renewables today, by providing access to the latest developments in the renewable energy sector (specifically renewable electricity), along with cross-linkages to the conventional energy sector, all on one single platform... Read More
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