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Schemes

Development of Solar Parks and Ultra Mega Solar Power Projects
Ministry/Department Ministry of New and Renewable Energy
Scheme Name Development of Solar Parks and Ultra Mega Solar Power Projects
Component Finance
Sub Component
Applicant Project Developers and Investors
Quantum of Assistance (in Brief)

Under the scheme, the Ministry provides Central Financial Assistance (CFA) of up to Rs. 25 lakh persolar park for preparation of Detailed Project Report (DPR). Beside this, CFA of up to Rs. 20.00 lakh per MW or 30% of the project cost, including Grid-connectivity cost, whichever is lower, is also provided on achieving the milestones prescribed in the scheme.

Further, the CFA of Rs. 20 Lakh/MW is apportioned on 60:40 basis towards development of internalinfrastructure of solar park to the SPPD and for development of external transmission system to Central Transmission Utility (CTU)/State Transmission Utility (STU) respectively i.e. Rs. 12 lakh per MW or 30% of the project cost whichever is lower is provided to the SPPDs towardsdevelopment of internal infrastructures if the solar parks and Rs. 8 lakh per MW or 30% of the project cost whichever is lower is provided to the CTU or STU as the case may be towards development of external transmission system.

The above CFA pattern is applicable only for Mode 1 to Mode-5. Mode-6 is without CFA by private entrepreneurs. Further, under Mode-7 the entire CFA of Rs. 20 Lakh/MW is only for External Transmission Infrastructure System.

Link for Detail https://mnre.gov.in/img/documents/uploads/d9f99dc08abd4b6988ba7ee3be288ee1.pdf