Concerns over the use of National Clean Energy Fund

The Ministry of Finance has raised concern over the misuse of funds, alleging that the government has allocated only $1.8 billion from the National Clean Energy Fund (NCEF) to the MNRE between 2010-11 and 2016-17. The government, which collects Rs 400 per tonne as coal cess on imported or newly mined coal, has collectively received over $8 billion over the past seven years but has transferred only 40 per cent to the NCEF.