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Schemes

Scheme for Setting up of Distributed GridConnected Solar PV Power Projects in Andaman and Nicobar and Lakshadweep Islands with Capital Subsidy
Ministry/Department Ministry of New and Renewable Energy
Scheme Name Scheme for Setting up of Distributed GridConnected Solar PV Power Projects in Andaman and Nicobar and Lakshadweep Islands with Capital Subsidy
Component Finance
Sub Component
Applicant CPSUs like NTPC, NLC, SECI, REIL, etc.
Quantum of Assistance (in Brief)

Types of Projects Supported: Standalone Solar PV Power Project, standalone Battery Energy Storage System (BESS), Solar PV plant with Battery EnergyStorage System (BESS), Transmission System for Solar PV Power Plant and Floating Solar PV power plants (with or without Battery Energy Storage System) in Andaman & Nicobar Islands and Lakshadweep Islands.

GoI Support offered: CFA of upto 40% of the project Cost;

Implementation Arrangement: The scheme is beingimplemented through Central Public Sector Undertakings (CPSUs) viz., NTPC, NLC, REIL, SECI etc. on Build, Own and Operate (BOO) basis. Andaman & Nicobar and Lakshadweep Administrations will buy the electricity from the Implementing Agencies at a tariff determined by JERC/CERC by taking into account the CFA

Link for Detail https://mnre.gov.in/solar/schemes