Finraja Consultancy Simplifies Access To Subsidy For Solar Parks In India Under MNRE Scheme

(MENAFN- ForPressRelease) Nagpur, India, 25 September 2025 : Finraja Consultancy Private Limited, a premier subsidy and project compliance consultancy, is now offering end-to-end services to help developers, businesses, and agencies access the Subsidy for Solar Parks in India under the Ministry of New & Renewable Energy (MNRE)'s flagship scheme.
The Development of Solar Parks and Ultra Mega Solar Power Projects initiative is a game-changing step in India's green energy mission, offering substantial Central Financial Assistance (CFA) to reduce the capital cost of large-scale solar power development. However, the complexity of documentation, DPR preparation, and milestone-based compliance can make subsidy access a major challenge one that Finraja Consultancy aims to solve seamlessly.

What is the Subsidy for Solar Parks in India?
Launched in December 2014 and extended until March 2026, the MNRE solar park scheme is designed to fast-track India's solar energy capacity. The government offers:
- INR 25 lakh per park for DPR preparation.
- inr 20 lakh per MW or 30% of project cost (whichever is lower) as CFA, split between infrastructure and transmission systems.
-Eligibility for projects 500 MW and above, with flexibility for smaller parks in difficult terrain.
This plug-and-play model ensures developers have ready access to land, grid connectivity, and basic infrastructure drastically reducing the barriers to solar deployment.

Why Developers Struggle Without Support
Despite the clear financial advantages, many developers face issues such as:
*Delayed or rejected DPRs due to non-compliance.
*Missed milestone documentation leading to loss of CFA disbursal.
*Miscommunication with State Power Utilities or Central Transmission Utility (STU/CTU).
*Confusion around CFA eligibility and fund utilization.
Finraja Consultancy bridges these gaps with unmatched expertise in government subsidy management and solar project execution.

Finraja's Comprehensive Support for Solar Park Developers
As a trusted subsidy consultancy partner, Finraja provides:
*MNRE-compliant DPR preparation
*Accurate project cost estimation and milestone planning
*Liaison with State and Central Power Utilities (SPPDs, STUs, CTUs)
*Full-cycle CFA application and monitoring
*Risk mitigation in fund disbursal and approvals
*Alignment with Ultra Mega Solar Project eligibility norms
"With India targeting over 40,000 MW of solar power capacity through solar parks, we aim to empower developers by removing bureaucratic roadblocks and enabling faster subsidy access," said spokesperson form Finraja Consultancy.

Key Components of a DPR for Solar Parks
Finraja's DPR specialists ensure every report includes:
*Land details, site surveys, and GIS mapping
"Capacity configuration and design layouts
*Infrastructure costings (roads, water, fencing, security)
"Transmission and evacuation plans
*Financial viability and return analysis
*Environment and risk assessments
*Implementation roadmap and timelines
This thoroughness eliminates red flags during MNRE or SPPD evaluations speeding up the CFA process.

Ultra Mega Solar Projects - The Next Frontier
India's energy landscape is shifting rapidly, and Ultra Mega Solar Power Projects (500 MW+) represent a critical growth area. These projects attract greater CFA value and help developers benefit from economies of scale.
Finraja Consultancy supports private developers, PSUs, and state agencies in building these parks by managing:
*CFA planning aligned with project scaling
*Compliance with MNRE's larger funding benchmarks
*STU/CTU integration for grid readiness
*Timely milestone mapping and documentation

Why Finraja is the Preferred Consultancy for Solar Subsidies
With 10+ years of experience and 500+ successful subsidy applications, Finraja Consultancy is renowned for:
*On-time approvals with 100% MNRE compliance
*Pan-India service coverage across states
*Transparent pricing and quick turnaround
*Liaison support with ministries and state nodal agencies
*Subsidy services for EPCs, developers, and SPPDs

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