Govt to set ₹1.5k cr fund for solar projects
State-run Solar Energy Corporation will set up a ₹1,500 crore payment security mechanism to prevent delays in releasing viability gap funding (VGF) to solar power developers under the Jawaharlal Nehru National Solar Mission, an official said. The fund will cover three months' payments for VGF schemes. The government aims to add 100 GW of solar power by 2022.