GEF-MNRE-UNIDO launched loan interest subvention scheme

August 12, 2021

GEF-MNRE-UNIDO launched loan interest subvention scheme for demonstration of innovative industrial organic waste to energy biomethanation projects and business models.

Daily Current Affairs Quiz 2021

The industrial organic waste-to-energy bio-methanation projects are generally capital intensive and financially sensitive to both operating costs, including waste availability, and revenue, particularly biogas yield and its utilization scenario.

The loan scheme provides financial assistance to beneficiaries to reduce the financial burden on account of interest on the loan component faced by such demonstration projects.