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<h1>National Clean Energy Fund established to finance research and innovative clean energy projects under prescribed appraisal and approval guidelines.</h1> Creation of a National Clean Energy Fund financed from the Clean Energy Cess to finance research and innovative clean energy projects; projects and schemes relating to innovative clean energy technology and research and development are eligible. Guidelines are prescribed for appraisal and approval of eligible projects, and an Inter-Ministerial Group has recommended projects for support under the Fund.