(Formerly Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd.,)
MNRE is providing capital subsidy to the Bagasse based co-generation power projects.
The eligible capital subsidy for projects in private sector is Rs. 15 Lakhs X (capacity
in MW.) ? 0.646. For the projects setup in cooperative/ public/ Joint sector the
eligible subsidy is as follows,
Maximum support of Rs. 8 Crores per project. For new sugar mills ( which are yet
to start production and sugar mills employing backpressure route/ seasonal/incidental
cogeneration ) subsidies shall be one half of the level mentioned above.