Web Exclusive | February 2013
Govt extends 50% fiscal aid for biogas festiliser plants
The Union Ministry of New and Renewable Energy (MNRE) has taken up a few demonstration BGFPs for biogas generation, purification and bottling besides production of bio-fertiliser. The Ministry has sanctioned Central Financial Assistance (CFA) of upto 50 per cent of the project cost (excluding cost of land) for the demonstration projects being set up through entrepreneurs.
The CFA is provided upon successful commissioning of projects and fulfillment of the prescribed terms and conditions. The demonstration projects have been sanctioned on the basis of technical and financial scrutiny of the proposals received in response to an invitation for ‘expression of interest’ issued through newspapers and MNRE’s website.
The records of all the sanctioned projects are maintained in the Ministry.