The Ministry of New and Renewable Energy (MNRE) is the nodal agency of the Government of India for all matters relating to new and renewable energy.

The Government of India has set a target of achieving 175 GW of renewable energy capacity by 2030.

The Renewable Energy Development Fund (REDF), National Clean Energy Fund (NCEF), and Solar Energy Corporation of India (SECI) all provide financial assistance to renewable energy projects in India.

The interest rate subsidy provided under the Renewable Energy Development Fund (REDF) is 3%.

State Bank of India (SBI) has been designated as the nodal bank for the Renewable Energy Development Fund (REDF).

The size of the National Clean Energy Fund (NCEF) is Rs. 200,000 crore.

The Ministry of Finance is responsible for administering the National Clean Energy Fund (NCEF).

The objective of the Solar Energy Corporation of India (SECI) is to promote solar energy in India, develop solar energy projects, and provide financial assistance to solar energy projects.

The Grid-Connected Rooftop Solar Scheme and Off-Grid Rooftop Solar Scheme both provide financial assistance to rooftop solar projects in India.

The maximum capacity of a rooftop solar project that is eligible for financial assistance under the Grid-Connected Rooftop Solar Scheme is 1 MW.

The maximum capacity of a rooftop solar project that is eligible for financial assistance under the Off-Grid Rooftop Solar Scheme is 3 kW.

The Solar Park Scheme and Ultra Mega Solar Power Projects Scheme both provide financial assistance to solar power projects in India.

The minimum capacity of a solar park that is eligible for financial assistance under the Solar Park Scheme is 50 MW.

The minimum capacity of an ultra mega solar power project that is eligible for financial assistance under the Ultra Mega Solar Power Projects Scheme is 500 MW.

The Wind Power Scheme and Wind Energy Hybrid Scheme both provide financial assistance to wind power projects in India.