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1 GW of Solar Projects to be Developed in Northeastern States Under MNRE’s VGF Program

SECI has fixed the ceiling tariff at ₹3.0 (~$0.042)/kWh, with a maximum VGF of ₹ 10 million (~$0.14 million)/ MW

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In a notification issued on Wednesday, the Ministry of New and Renewable Energy (MNRE) announced that it has received the approval by the President of India for the implementation of a subset of the existing 5,000 MW viability gap funding (VGF) program that includes developing 1,000 MW of solar projects in the northeastern states under Jawaharlal Nehru National Solar Mission (JNNSM).

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