India set to emerge as world's 2nd largest solar market in 2026: NSEFIIndia is set to become the world's second-largest solar market in 2026. The nation is rapidly adding solar capacity, reaching 150 GW. This ...
India’s solar industry seeks Rs 25,000 crore support for domestic manufacturingIndia's solar industry is pushing for significant government funding to boost domestic manufacturing of solar ingots and wafers. The Nation...
Energy storage to hit record highIndia's energy storage sector witnessed a record surge in July, with states tendering 8.1 GWh of capacity. Auctions revealed a record low t...
Release grant for Vizhinjam seaport without seeking repayment: Kerala CM Pinarayi Vijayan to Union FM Nirmala SitharamanKerala Chief Minister Pinarayi Vijayan has urged Finance Minister Nirmala Sitharaman to release Rs 817.80 crore for the Vizhinjam seaport. ...
SECL invites bids for 500 wind power projects off Gujarat coastState-run Solar Energy Corporation of India (SECI) has invited bids for 500 wind power projects off Gujarat's coast, backed by viability ga...
Draft funding norms out for offshore wind energyThe government has issued draft norms for viability gap funding of 1,000 MW offshore wind energy projects in Gujarat and Tamil Nadu with an...
Viability gap funding set to boost offshore wind energy space: CrisilThe government's outlay, announced on June 19, includes Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind ener...
Shipping Ministry for VGF scheme change to push operational expenditureAt present, VGF support is available for projects in metro and road construction, development of food grain silos, and setting up of transm...
Civil Aviation Minister Jyotiraditya Scindia requests CMs of 5 states to expedite matters related to aviation infrastructureUnder regional connectivity scheme UDAN, financial incentives from the Centre, state governments and airport operators are extended to sele...
FM raises viability gap funding for social infra projectsIn her fourth tranche of economic stimulus, Finance Minister Nirmala Sitharaman said Rs 8,100 crore will be provided as viability gap fundi...
Civil aviation ministry may face funding crunch for UDANAs per the ministry, in the first and second rounds, there are airlines that have not asked for any VGF.
VGF to support infra projects worth Rs 2,750 crore in FY18The allocation is meant to promote India's strategic political and economic interest abroad by positioning it as an emerging power.
Government approves Rs 5050 crore funding to push solar projectsGovernment today approved a 'viability gap funding' (VGF) of Rs 5,050 crore for setting up over 5,000 MW of grid linked solar power project...
Public Private Partnership projects got Rs 596.39 crore as VGF in 2014-15The cost of PPP projects which got the VGF was Rs 3,595.93 crore in 2014-15, as per a written reply to Lok Sabha by Planning Minister Rao I...
- Education, housing to get capital support too
Social infrastructure is set to receive a boost with the capital subsidy regime taking a final shape, but the government support will initi...
- Viability gap funding to be extended to education, health
The government will soon provide a framework for viability gap funding for creation of physical infrastructure in health and education spac...
- FM to consider part-funding of Mumbai metro phase II
After declining to support the first phase of Mumbai metro rail project, the Finance Ministry is considering to partly finance the second p...