India Govt. ready to offer financial assist states for grid connectivity to renewable energy sources

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India Govt. ready to offer financial assist states for grid connectivity to renewable energy sources

Greentech Lead America: The Centre will provide financial
assistance to states for grid connectivity to renewable energy sources.

Several renewable energy projects could not be
commissioned for lack of support from states.

The Centre is ready to bear the cost of grid
synchronisation of the green power projects and the states have been advised to
seek assistance from the Clean Energy Fund.

“Odisha should take steps to provide power through
renewable energy in tribal-dominated areas where there is no facility for
drawing transmission line,” said Union Minister for New and Renewal Energy
Farooq Abdullah.

The Odisha government had planned to generate 800 MW of
green energy. The state had also tied up with the National Thermal Power
Corporation to set up a 20 MW solar power project.

The solar power project at Tangi was set up at a cost of
Rs 15 crore and the unit cost of power will be Rs 18.50, said MGM Group
Chairman LN Mohanty.

The two projects developed by MGM Group and inaugurated
by the Union Minister include a 1 MW solar power plant set up under the
Jawaharlal Nehru Solar Mission of the Ministry of New and Renewable Energy and
a high-tech horticulture and floriculture farm under the National Horticulture
Mission.

Both the projects have begun commercial operations and
been developed with the support of Odisha Renewable Energy Development Agency
(OREDA) and the Directorate of Horticulture.

Other upcoming initiatives of MGM Group include a
vegetable and fruit cultivation project and a 1 MW solar power plant in Boudh
district.

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