Question : BIOMASS ENERGY



(a) whether the Government has signed any agreement with UNDP Global Environment Fund and German financial institution to develop projects for harnessing biomass energy resources in the country; and

(b) if so, the funding pattern thereof?

Answer given by the minister


MINISTER OF STATE OF THE MINISTRY OF NEW AND RENEWABLE ENERGY (SHRI VILAS MUTTEMWAR)

(a): Yes, Sir.

(b): The cost of the project is placed at US$ 39.15 million of which US$ 5.65 million is a grant from the Global Environment Facility, US$ 5.24 million as contribution from this Ministry, US$ 24.82 million (Euro 19.971 million) as proposed concessional credit from Kreditanstalt fur Wiederaufbau (KfW), Germany and the remaining US$ 3.44 million as likely investment from prospective project promoters.