NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops

The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […]

Read more

Andhra Pradesh to Give Farmers Power to Sell Power

The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […]

Read more

Central Government to Asses Performance, Socio-Economic Impact of Solar Units

The basic idea is to review the performance of the installed solar systems and see if it is really being used by people or just lying idle after installation. Government of India is planning to assess the technical performance and socio-economic impact of over one lakh solar pumps and more than six lakhs residential solar […]

Read more

NABARD sanctions Rs 171 crore to Chhattisgarh Government under Saur Sujala Yojana Scheme

National Bank for Agriculture and Rural Development has approved the financial assistance of Rs 171 crore for Chhattisgarh under Saur Sujala Yojana programme. NABARD has sanctioned financial assistance of Rs 171 crore to the state government Chhattisgarh for the implementation of its flagship programme Saur Sujala Yojana. Under the scheme, 11000 solar-powered irrigation pump sets […]

Read more

Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […]

Read more

NABARD approves loan for 10 MW Solar Plant in Haryana

National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan for 10 megawatts solar plant in Harayana under Rural Infrastructure Development Fund (RIDF) for rural infrastructure in the state. Of Rs. 204.67 crore, amount of Rs.147.18 crore has been sanctioned to the state government under the 22nd tranche of RIDF for 2016-17 for […]

Read more