India Procurement News Notice - 58617


Procurement News Notice

PNN 58617
Work Detail In a recent development, The Ministry of New and Renewable Energy (MNRE) has issued a notification providing clarification on the Central Financial Assistance (CFA) for Feeder-Level Solarisation (FLS) under the PM-KUSUM scheme. The MNRE confirmed that the CFA for FLS will continue until further notice, responding to inquiries from various states. The PM-KUSUM scheme aims to decarbonize emissions in the agricultural sector, comprising three components – A, B, and C. Component A involves decentralized solar plants with farmer participation, Component B provides subsidies for solar pumps, and Component C focuses on the solarization of agricultural pumps and Feeder Level Solarisation (FLS). The notification addresses concerns of states regarding central aid for FLS, urging them to persist in scheme implementation. The MNRE emphasized that the prevailing CFA under Component C (FLS) remains applicable – Rs 1.05 crore/MW for General States and Rs 1.75 crore/MW for NER/Hilly Region and Islands – until any further updates are announced. Additionally, the provision mandating indigenous solar cells (DCR) under Component C (FLS) has been relaxed until March 31, 2024, facilitating a smoother implementation process. The MNRE encourages State Implementing Agencies (SIAs) to accelerate scheme implementation and report progress.
Country India , Southern Asia
Industry Energy & Power
Entry Date 01 Feb 2024
Source https://solarquarter.com/2024/01/31/mnre-clarifies-continued-central-assistance-for-feeder-level-solarisation-under-pm-kusum-scheme/

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