MNRE has amended guidelines for disbursement of NCEF grant for intra-state transmission system 

MNRE has amended the guidelines for the disbursal of National Clean Energy Fund grant for the development of intra-state transmission system under the green energy corridor project in the states of Andhra Pradesh, Himachal Pradesh, Gujarat, Karnataka, Madhya Pradesh, Rajasthan, Maharashtra and Tamil Nadu. According to the new guidelines, the projects under implementation will be entitled to 30 per cent of the grant after the receipt of report about it from the Central Electricity Authority and Public Accounts Committee. The next tranche of 40 per cent will be granted upon 50 per cent financial progress of the package and submission of the utilisation certificate of the fund. The remaining 30 per cent will be released after the successful commissioning and performance testing of the project and receipt of the utilisation certificate of the funds provided in the two previous instalments.

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