1. Home
  2. Featured
  3. MNRE extends phase-III of off-grid solar programme till March next year
MNRE extends phase-III of off-grid solar programme till March next year

MNRE extends phase-III of off-grid solar programme till March next year

0
0

The ministry added that during the extended period, the sanction of new projects under the Scheme will be available only in the northeastern region

New Delhi: The Ministry of New and Renewable Energy (MNRE) has announced the extension of the off-grid and decentralised solar photovoltaic (PV) applications programme phase-III till 31 March, 2021.

The ministry added that during the extended period, the sanction of new projects under the Scheme will be available only in the northeastern region.

The instruction is in line with the instructions issued on continuation and extension of public-funded ongoing schemes by the Ministry of Finance.

“Approval of President of India is hereby accorded for continuation of the off-grid and decentralised solar PV applications programme phase-III till 31 March, 2021, within the approved financial outlay mentioned in administrative approval dated 7 August, 2018,” MNRE said.

It added that implementation agencies would continue to implement the Scheme according to the approved guidelines and amendments.

“Further, solar power parks will be installed only under the RESCO mode. Detailed guidelines for implementation and subsidy disbursement mechanism under RESCO mode will be issued separately,” the ministry said.

Off-grid and decentralised solar PV applications programme phase-III was launched by the ministry on 7 August, 2018, and the scheme was valid for FY19 and FY20.

Source: energy.economictimes.indiatimes
Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *