Framework & Performance of National Clean Energy Fund (NCEF)
From its inception in July 2010, the National Clean Energy Fund (NCEF) has collected revenues to the tune of Rs. 1,066 crores in FY 2010-11, an estimated Rs. 3,249 crores in FY 2011-12, and is expected to further generate Rs. 3,864 crores in FY 2012-13. However, little is known of its operational mechanics and performance to date. This policy brief attempts to demystify the process by evaluating the functioning of the NCEF under its present framework.