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IREDA Replaces SECI as the Implementing Agency for VGF-Based Solar Projects

The tariff rate has been reduced to ₹2.80/kWh from ₹3.5/kWh

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The Ministry of New and Renewable Energy (MNRE) has issued amendments regarding the setting up of 12 GW of solar projects with Viability Gap funding Support (VGF) by Central Public Sector Undertakings (CPSU) for self-use or use by government entities.

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