Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Govt nod to Rs 7453 cr viability gap funding for wind energy projects
The Business Guardian
|June 21, 2024
The Government has approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7453 crore, including an outlay of Rs 6853 crore for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and grant of Rs.600 crore for upgradation of two ports to meet logistics requirements for offshore wind energy projects.
-
The decision on the VGF scheme by the Cabinet, chaired by Prime Minister Narendra Modi, is a major step towards implementation of the National Offshore Wind Energy Policy notified in 2015 with an aim to exploit the vast offshore wind energy potential that exists within the exclusive economic zone of India. The VGF support from the Government will reduce the cost of power from offshore wind projects and make them viable for purchase by DISCOMs. While the projects will be established by private developers selected though a transparent bidding process, the power excavation infrastructure, including the offshore substations, will be constructed by Power Grid Corporation of India Ltd (PGCIL). The Ministry of
Cette histoire est tirée de l'édition June 21, 2024 de The Business Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Business Guardian
The Business Guardian
India, Afghanistan discuss ways to boost textile trade
India and Afghanistan on Monday discussed ways to increase textile trade, with Kabul expressing interest in tapping into India's expertise as the world's second-largest cotton producer, an official statement said.
2 mins
November 25, 2025
The Business Guardian
INDIA, EU SET TO FIRM UP FTA, DEFENCE PACT, STRATEGIC AGENDA AT SUMMIT ON JAN 27
Top diplomatic sources told PTI that the free trade agreement to be sealed at the summit in New Delhi will be a “living document” on which work could be continued to iron out any
2 mins
November 25, 2025
The Business Guardian
TRAI urges citizens to report spam via 'DND App' after massive blacklisting drive
Telecom Regulatory Authority of India (TRAI) has over the past year, acting on citizen complaints, facilitated the disconnection and blacklisting of more than 21 lakh mobile numbers and around one lakh entities involved in sending spam and fraudulent messages.
1 mins
November 25, 2025
The Business Guardian
Gold imports drive biggest-ever monthly trade gap in October: RBI Bulletin
India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin.
1 mins
November 25, 2025
The Business Guardian
Sales growth of listed pvt non-financial cos up 8 pc in Q2: RBI data
“Sales growth of listed private non-financial companies rose 8 per cent during the second quarter of the current fiscal against 5.5 per cent in the preceding three months, led by improvement in all major sectors, the RBI said on Monday.
1 min
November 25, 2025
The Business Guardian
Delhi Court issues notice
The Delhi High Court on Monday issued notice to the Central government on a plea filed by Christian Michel, accused in the AgustaWestland VVIP chopper case, seeking a declaration that the India-UAE extradition treaty cannot override the Extradition Act, 1962.
1 mins
November 25, 2025
The Business Guardian
Man dies after jumping before metro train in Rohini
A 37-year-old man died in a suspected suicide after allegedly jumping in front
1 min
November 25, 2025
The Business Guardian
TEJAS CRASH ‘ISOLATED OCCURRENCE,' NO IMPACT ON FUTURE DELIVERIES: JET MAKER HAL
The Company is extending its full support and cooperation to the agencies conducting the investigation.
2 mins
November 25, 2025
The Business Guardian
Samsung Elec, SK hynix shares rebound on eased US market concerns
The stock prices of South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. rebounded early Monday as the main Kospi index recovered on eased market concerns in the United States, as per a report by Pulse, the English service of Maeil Business News Korea.
1 mins
November 25, 2025
The Business Guardian
AAP Delhi President questions BJP over open liquor vends on Chhath, Shaheedi Diwas
Aam Aadmi Party (AAP) Delhi state President Saurabh Bharadwaj on Sunday questioned Chief Minister Rekha Gupta and the Bharatiya Janata Party (BJP) government in Delhi over allowing liquor vends to remain open on sacred occasions, despite repeatedly demanding their closure during the tenure of the Arvind Kejriwal government, according to an AAP release.
1 min
November 25, 2025
Listen
Translate
Change font size