India’s Ministry of New and Renewable Energy (MNRE) has shared data on release of Central Financial Assistance (CFA) totaling Rs 172.75 crore for the development of 11 solar parks in 8 states. The data is part of status reports that have been updated on the ministry’s website. The parks will add 9,980 megawatts of renewable energy capacity, the data shows.
Gujarat (1), Andhra Pradesh (2), Uttar Pradesh (1), Rajasthan (1), Madhya Pradesh (2), Karnataka (1), Punjab (2) and Telangana (1) are installing the projects. All the projects had received in-principle approvals in 2014.
Andhra Pradesh will be adding 2.5 gigawatts capacity through two projects for which CFA has been sanctioned. The other states with large-scale individual projects include Karnataka (2,000 MW) and Telangana (1,000 MW).
The MNRE has also updated data on the release of generation based incentive (GBI) to renewable energy projects on its website.
The ministry’s data shows that it has released GBI of about Rs 23.1 lakh for demo wind projects in the previous fiscal.
The date-wise data on GBI released to demo solar projects shows that Rs 16.1 crore were released in the last fiscal and Rs 9.4 crore has been released till date this fiscal.
Also, the website has given the figure of GBI for Rooftop Photovoltaic and Small Solar Power Generation Programme (RPSSGP) during the last fiscal as roughly Rs 128.2 crore.
Data regarding bridge loans for renewable energy projects show that of the Rs 18.95 crore sanctioned to wind GBI claimants in the last fiscal, Rs 17.32 crore has been disbursed.
The status report on sanctions issued under the Grid Connected Rooftop and Small Solar Power for the ongoing fiscal show that Rs 4.02 crore has been released to three states. Gujarat is yet to receive about Rs 4.3 lakh sanctioned for a project in the state.
Ajith Kumar S