Target CUF of Just 14.45% set for JNNSM phase 2 batch 1 projects

The MNRE released the final guidelines for allotment of 750 MW of Solar PV Projects under JNNSM Phase 2 Batch 1 under VGF scheme. There are few minor changes that are made

1. Minimum CUF requirement is reduced to 17%  ( with 15% devation on lower side) from 19%, making it easier for the developers. However, this can lead to usage of lower quality equipment in order to reduce the project cost and thus winning the bids

2. The tariff for projects availing AD benefits is now fixed at INR 4.75, thus government tries to keep away investor who just want to take AD benefits


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