Sunday, March 6, 2016

20,000 MW Solar Energy Capacity in India by 2019 - Targets Increased Further

6 March 2016
Financial Viability of Solar Plants in India - An Article on Linkedin

The MNRE in partnership with Indian Renewable Energy Development Agency Limited (IREDA), the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) is organizing the Global Renewable Energy Investment Promotion Meet (RE-INVEST) from 15-17 February, 2015 as a follow-up to the 'Make in India' initiative launched by the Prime Minister . RE-INVEST will enable the global investment community to connect with the renewable energy stakeholders in India.

  A major initiatives of Ministry of New and Renewable Energy to boost “Clean Energy”

Scheme for development of Solar Parks and Ultra Mega Solar Power Projects in India :

The Government  has recently approved a Scheme for setting up of 25 Solar Parks, each with the capacity of 500 MW and above and Ultra Mega Solar Power Projects to be developed in next 5 years in various States and will require Central Government financial support of Rs 4050 crore. These parks will be able to accommodate over 20,000 MW of solar power projects. 12 states have so far given consent for setting up of Solar Parks. They are:  Gujarat, Madhya Pradesh, Telengana, Andhra Pradesh, Karnataka, Uttar Pradesh, Meghalaya, Jammu & Kashmir, Punjab, Rajasthan, Tamil Nadu and Odisha. The solar parks will be developed in collaboration with State Governments and their agencies.
The above note contains various other initiatives also in renewable energy area.

Updated 6 Mar 2016, 1 Jan 2016

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