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2024

Offshore wind capacity of 1GW may be auctioned in first 100 days of new govt

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India could bid out 1 GW of offshore wind capacity under the viability gap funding (VGF) scheme and issue guidelines for the PM-Surya Ghar Muft Bijli Yojana within 100 days of the next government taking charge. The PM-Surya Ghar Muft Bijli Yojana, launched on February 13 with an outlay of ₹75,021 crore, aims to solarise 10 million households. The scheme supports infrastructure projects that are economically justified but fall marginally short of financial viability.



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