In Short : The Ministry of New and Renewable Energy (MNRE) has clarified that it has **not issued any advisory** to stop financial support or lending for renewable-energy projects. The statement aims to assure investors and developers that government backing for solar, wind, and other clean-energy initiatives remains intact, reaffirming India’s commitment to accelerating its renewable-energy transition.
In Detail : The Ministry of New and Renewable Energy (MNRE) has clarified that no advisory has been issued to halt financing for renewable-energy projects. This statement comes amid circulating reports suggesting potential restrictions on lending for solar, wind, and other clean-energy initiatives.
MNRE emphasized that all ongoing and upcoming renewable-energy projects remain eligible for financial support from banks, financial institutions, and other funding agencies. Developers can continue securing loans and subsidies without interruption.
The ministry’s clarification seeks to reassure stakeholders that India’s renewable-energy growth trajectory will not be impacted by any change in policy regarding financing or project approvals.
The announcement also aims to maintain investor confidence in the sector. By confirming that financial flows remain uninterrupted, MNRE signals the government’s continued commitment to supporting both utility-scale and distributed renewable projects.
MNRE further stated that existing subsidy schemes, concessional loans, and policy incentives for solar, wind, and hybrid projects remain fully operational, ensuring the viability of ongoing and planned projects.
The ministry underscored that the renewable-energy sector is a priority under India’s climate and energy transition goals, and financing support is a key component of facilitating rapid deployment.
MNRE urged developers, lenders, and other stakeholders to continue their renewable-energy investments, highlighting that the government remains focused on meeting national renewable capacity targets in the coming years.
This clarification also seeks to counter misinformation in media and social platforms that may create confusion regarding government policies on renewable-energy financing.
Overall, MNRE’s statement reinforces India’s commitment to accelerating renewable-energy deployment, ensuring uninterrupted financial support, and maintaining a stable and attractive investment environment for developers and investors alike.
