Dr. Farooq Abdullah in a written reply in the Lok Sabha reveled that MNRE provides Central Financial Assistance for setting up bioenergy plants, training and awareness raising. Besides, fiscal incentives such as custom and excise duties concession, accelerated depreciation, income tax holiday and preferential tariff are also provided for grid connected bioenergy power generation projects.
Ministry of New and Renewable Energy gets evaluation studies done on installation and functioning of biogas plants through independent agencies. As per the recent study report, received in May, 2013, about 95.5% of the surveyed biogas plants have been found functional.
A target for setting up of about 1.06 lakh family type biogas plants has been fixed in the country for the year 2013-14 under the NBMMP of the Ministry. The Ministry of New and Renewable Energy (MNRE) has formulated the following Schemes for exploring the potential of bio-energy:
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