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Phase-II, Batch-IV

Solar Energy Corporation of India (SECI) has been designated as the implementing agency for selection of Grid-connected Special Purpose Vehicle (SPV) projects for a cumulative capacity of at least 5000 MW to be set up on ‘Build-Own-Operate’ basis through Viability Gap Funding (VGF) mechanism. 
The Solar Projects under the State Specific VGF Scheme will be set up in the Solar Parks of various states, to be developed through coordinated efforts of Central and State Agencies. However, as implementation of solar parks have begun recently, it could be possible that Solar Parks in some of the States may not be feasible or do not become available soon. For such States, Solar Projects would be allowed to be located outside solar parks with land being provided either by the State Government, or arranged by the Solar Power Developers (SPDs).