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NITI Aayog suggests tax sops, viability gap funding for eco-labelled products

By : sustainabilityo..., Jul 5, 2017

NITI Aayog, the Centre's premier think tank, has mooted tax incentives and viability gap funding for eco-labelled products as part of the government's green procurement policies to substantially...

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Union Budget likely to introduce Viability gap funding for wind power

By : sustainabilityo..., Dec 22, 2016

The Union Budget is likely to introduce viability gap funding and an incentive scheme for power distribution companies procuring wind power.
If announced, these will be major...

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India’s SECI sees lowest ever VGF bids in 450MW Maharashtra solar auction

By : sustainabilityo..., Sep 22, 2016

Solar Energy Corporation of India (SECI) has awarded 450MW of solar capacity in the state of Maharashtra, with the lowest collective set of bids involving viability gap funding (VGF) so far....

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India wastes 15-20% of its renewable energy due to lack of storage: Panasonic Energy head

By : sustainabilityo..., Sep 15, 2016

The variations in wind and solar energy, and the lack of adequate electricity storage facilities, result in about 15-20 per cent of all renewable energy generated in India going to waste,...

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India to split benchmark tariff for VGF projects

By : sustainabilityo..., Sep 1, 2016

India’s Ministry of New and Renewable Energy (MNRE) plans to alter the benchmark tariff for the 5GW of solar being tendered with viability gap funding (VGF) support from central government....

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Government to set up Rs 1.5k crore payment security fund for solar projects

By : sustainabilityo..., Aug 29, 2016

Government is in the process of setting up a Rs 1,500-crore fund to avoid delays in releasing viability gap funding (VGF) to solar power developers under the Jawaharlal Nehru National Solar...

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Tepid response to auction for solar projects in Gujarat

By : sustainabilityo..., Jun 27, 2016

Winning bids for solar projects in Gujarat remained stuck at Rs 4.43 per unit, the reserve price set for most of the recent auctions in India, suggesting that prices may have bottomed out. The...

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Solar equipment makers get funding support

By : sustainabilityo..., Jun 20, 2016

The government will offer viability gap funding (VGF) to make solar power equipment ranging from solar cells to finished panels, Union power minister Piyush Goyal...

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