India 's Ministry of New and Renewable Energy has issued amendments to its policy for financing biomass - intensive energy projects , which provides central financial assistance ( CFA ) to projects that have obtained a term loan from a financial institution . The rate of CFA is INR2.5 ##m ( $ 34,765 ) per MW for bagasse cogeneration projects and $ m per MW for non - bagasse projects . The amendments concern clauses on capacity addition and the implementation of proposals .
India's Ministry of New and Renewable Energy has issued amendments to its policy for supporting biomass-based cogeneration projects, which provides central financial assistance (CFA) to projects that have obtained a term loan from a financial institution. The rate of CFA is INR2.5m ($34,765) per MW for bagasse cogeneration projects and INR5m per MW for non-bagasse projects. The amendments concern clauses on capacity addition and the sanction of proposals.