Saturday, 14 February 2015

Emphasis on Minigrid - Empanelment of Rural Energy Service Providers: In order to give more thrust on the minigrids, Ministry Of New And Renewable Energy, Government Of India ("MNRE") proposes to empanel entities (Companies/ NGOs) to promote the minigrid programme in large scale. The eligibility conditions listed down by MNRE for these entities are (a) must be registered as public or private limited company or society; (b) must have implemented minigrid projects in the country or home systems or both supply of energy (c) not blacklisted by any organization or not defaulter in any occasion; (d) must have adequate capital deployment capability to invest in minigrids; (e) may be having tie up with multilateral agencies to mobilize funds and invest in the programme in the country; and (f) having enough technical manpower. For more details, please refer to http://mnre.gov.in/file-manager/UserFiles/Empanelment-of-companies-for-minigrid-NSM.pdf. Please note that 100% FDI in automatic route is permitted in renewable energy sector.

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