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Understanding VGF to win upcoming PV tenders in India
The first 750MW of Phase II of the National Solar Mission in India was recently allocated using the viability gap funding scheme (VFG) for the very first time
May 20, 2014. By Alvaro López
Dear Reader,
As a subscriber of Energetica, you probably know the first 750MW of Phase II of the National Solar Mission in India was recently allocated using the viability gap funding scheme (VGF) for the very first time. However, there have no doubt been challenges for the winners with consequences such as developers even withdrawing their bids.
So, should Solar Energy Corporation India (SECI) use the VGF funding scheme for the next batch of projects under phase II or not?
PV-Insider has produced an exclusive article with developers’ insight into the process of bidding under the VGF scheme. The article is designed to prepare you for your project proposals and the key considerations of bidding under the scheme in phase II.
Don’t miss out on this in-depth overview of the scheme, click below to read it:
Hope you found it useful!
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