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Press Information Bureau
Government of India
Ministry of New and Renewable Energy
06-August-2015 17:33 IST
National Clean Energy Fund

Upto the year 2014-15, an amount of Rs 16388.81 crore has been collected as coal cess for National Clean Energy Fund (NCEF). As per the budget estimates during 2015-16 an amount of Rs 13118.04 crore will be collected as coal cess for NCEF. This was stated by Sh. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Lok Sabha today.

The Minister further stated that the National Clean Energy Fund (NCEF) is created for funding research and innovative projects in clean energy technologies. As per the budget estimates during 2015-16 an amount of Rs 13118.04 crore will be collected as coal cess for NCEF, as against collection of Rs 8916.46 crore in the year 2014-15. Out of 44 projects recommended for NCEF support in renewable energy, 30 projects are awaiting allocation under NCEF, the Minister added.

RM/RS- USQ2838 - LS