Bridge Loan Against Generation-Based Incentive (GBI)
Posted 01/04/2023
| Description | Generation Based Incentive (GBI) was announced by the Ministry of New and Renewable Energy (MNRE) for Grid Interactive Wind and Solar Power Projects with the main aim to broaden the investor base, facilitate the entry of large Independent Power Producers and to provide level playing field to various classes of investors. The GBI is provided over and above the feed in tariff approved by State utilities |
| Provider Type Central Govt / State Govt / Private Sector | IREDA |
| Provider Name | Ministry of new and renewable energy |
| Amount | 20 lakhs |
| Grant Conditions & Qualifying Criteria | RE developers who have already submitted a valid GBI claim under GBI Scheme at IREDA, which is processed and pending for release of payment on account of nonavailability of funds, will be eligible under this scheme. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.startupindia.gov.in/content/sih/en/government-schemes/bridge-loans-against-generation-scheme.html |
| Type of funding (Grant, Loan or Equity) | NA |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
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