(a) whether the National Clean Energy Fund has been set up;
(b) if so, the details thereof;
(c) whether the guidelines for the utilisation/use of funds, have been finalised;
(d) if so, the details thereof; and
(e) the various sources of energy likely to be funded from this Fund?
THE MINISTER OF NEW AND RENEWABLE ENERGY (DR. FAROOQ ABDULLAH)
(a)&(b): Yes Madam. A National Clean Energy Fund from a cess levied on domestically
produced and imported coal has been established in the Ministry of Finance. Clean Energy Cess
has been notified on 22 June 2010.
(c): An Inter-ministerial Group has been constituted by the Ministry of Finance to draw
the guidelines for the use of the Fund. The guidelines for utilisation/use of funds as
decided by the Inter Ministerial Group are under consideration of the Government.
(d): Not applicable.
(e): The National Clean Energy Fund has been created for funding research and innovative
projects in clean energy technologies. Any project/scheme relating to innovative methods to
adopt Clean Energy Technology and Research & Development is proposed to be eligible for
funding under the National Clean Energy Fund.