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MNRE provides grants of Rs.1,10,000 per pico hydel power project

Ministry of New & Renewable Energy (MNRE) has sanctioned Central Financial Assistance at the rate of Rs. 1,10,000 per project and 50 Pico hydro electric plants in Kerala during the year 2012-13. Central Financial assistance will be given to 50 projects on a first-come-first-served basis. The scheme is applicable to projects undertaken by individuals, government departments or local bodies, cooperatives and NGOs. Proposals for Pico hydro electric power schemes owned by women, women entrepreneurs or NGOs run by women will be given preference. The grant in aid will be provided to 50 eligible beneficiaries after successful completion of such schemes on or before October 31, 2013 on a first-come first-served basis

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