Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme Updated On Thu, Dec 12th, 2019 by Saurenergy DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […] Read more
BEL Sets Up 16 MW Solar Power Plant at HVF, Avadi Updated On Mon, Jun 11th, 2018 by Saurenergy The company is establishing energy security for the Ordnance Factory Estates under the Viability Gap Funding (VGF) scheme by setting up utility scale grid-connected solar power plants. Navratna Defence PSU Bharat Electronics Ltd (BEL) has set up a 16 MW grid-connected solar power plant at Heavy Vehicle Factory (HVF), Avadi. The company’s move was one […] Read more
SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more
