CCEA approves setting up of 12,000 MW grid-connected solar PV projects

The CCEA has approved the MNRE’s proposal for setting up 12,000 MW grid-connected solar PV projects under Phase II of the Central Public Sector Undertaking scheme  with a viability gap funding (VGF) support of Rs 85.8 billion. The proposal mandates the use of both solar PV cells and modules manufactured domestically as per the MNRE’s specifications and testing requirements. The solar power projects will be set up by government entities during 2019-20 to 2022-23, as per the terms and conditions of the scheme.