मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Viability gap funding eyed for offshore wind projects
Mint Mumbai
|January 18, 2024
The ₹6,000-crore scheme will be aimed at boosting India's offshore wind energy capacity
In a move that could significantly boost India's offshore wind energy sector, the Union Budget for fiscal year 2024-2025 (FY25) is expected to propose a viability gap funding (VGF) scheme with an outlay of ₹6,000 crore.
The initial allocation is specifically aimed at supporting 1 GW of offshore wind capacity, two people familiar with the developments told Mint, adding that the ministry of new and renewable energy (MNRE) has sent a proposal to the finance ministry.
The renewable energy and finance ministries didn't immediately reply to queries on the funding proposal.
This proposed scheme aligns with the government's broader strategy for offshore wind projects, to be developed under three models. The first involves VGF for two 0.5 GW sites off the coasts of Gujarat and Tamil Nadu. The other models propose bidding processes for sites exclusivity during the survey periods, with or without seabed rights.
यह कहानी Mint Mumbai के January 18, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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