States' interest-free loans tied to renewable energy adoption
after close1 source ↓written by the desknot a recommendation
- has been allocated
- ₹2 lakh crore
- of the total
- ₹75,000 crore
The government will link interest-free capex loans for states to renewable energy adoption. Minister Pralhad Joshi announced this policy at the CII Annual Business Summit 2026, highlighting that ₹2 lakh crore has been allocated for these loans under the SASCI scheme. This move aims to incentivize clean energy consumption, impacting fiscal planning for states.
• Loan conditions include renewable energy usage
• Approved by the Ministry of Finance and Ministry of Power
• ₹75,000 crore of the total is untied funding
Not investment advice. For informational purposes only.