India to auction 1650 MW solar PV capacity in 2013 under Phase II of JNNSM

Climate Connect News, 04 December 2012, New Delhi: The Indian government has announced a new form of financing mechanism for the solar power projects to be implemented in the second phase of the Jawaharlal Nehru National Solar Mission (JNNSM). Apart from the currently available mechanisms of bundling and generation-based incentive, the government will auction projects under 'Viability Gap Funding' scheme as well. ....

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