Tuesday, 14 August 2012

MNRE Subsidy for Small Hydro Power Projects


MNRE Subsidy for Small Hydro Power Projects

To improve the economic viability of SHP projects and to give impetus to the programme, the MNES provides a onetime subsidy for commercial SHP projects. The subsidy is utilized by the promoter towards repayment of the term loan availed from a financial institution. The subsidy is released after the project performance parameters are attained as laid down in the MNES scheme. The subsidy scheme covers
projects of capacity up to 25MW each.

1 comment:

  1. Small hydro power projects catches fire today.
    Thanks for sharing the information.

    ReplyDelete