While stipulating that only well-funded developers will be awarded projects, the government says financial assistance will be offered through Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), both formerly owned by the government.
“PFC and REC would finance some of these projects” in concert with the Indian Renewable Energy Development Agency, says power minister Sushilkumar Shinde.
Unveiled more than a year after rough plans for the Solar
