Clean Power
PUBLISHED ON March 2nd, 2015"by Smiti Mittal"
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March 2nd, 2015 by SMITI MITTAL
A crucial leg of the National Solar Mission was recently cleared by the Indian government which would allow 15 GW capacity to be auctioned over the next few years.
The Indian government gave approval to auction 15 GW solar power capacity under the National Solar Mission that will come up across various states of the country. The entire auction under the programme will be divided into 3 tranches of 3 GW, 5 GW and, 7 GW.
The auction will be organised by a power trading arm of the country's largest power generation company, NTPC Limited. The power trading arm will procure electricity from the solar power projects and, in turn, supply this solar power bundled with coal-based power to various utilities across the country.
The first part of the 3 GW tranche is expected to be auctioned soon. This will cover 1 GW of capacity to be commissioned in the southern state of Andhra Pradesh. The balance capacity will be auctioned in the states that offer to provide land for the projects.
The first tranche of 3 GW capacity will get financial support in capital investment. This support will be provided through competitive auction. The second tranche of 5 GW will also get some form of financial support, however, the final tranche of 7 GW will not receive any financial support and will be completely subsidy-free.
This 15 GW capacity is only a small part of the near 100 GW solar power capacity addition target set for 2022. The balance capacity will be added through public sector companies and private companies that have committed to develop several dozen gigawatts capacity over the 5-7 years.
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TAGS: India, India National Solar Mission, India Solar Power, India Solar Power Auctions, National Solar Mission, NTPC, NVVN
About The Author
Smiti Mittal works as a senior solar engineer at Mott MacDonald, a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.
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Do you have India's total installed PV statistics for 2014?
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About 3GW total installed capacity.
http://cleantechnica.com/2014/11/26/indias-installed-solar-power-capacity-crosses-3-gw/
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Good to see this moving along. I'm hopeful that the increasing emphasis on renewables on the Indian energy scene will help rein in the nation's growing emissions, and also improve the notoriously creaky energy infrastructure. The worry, I suppose, would be that slow progress on grid improvements could 'bottle-neck' utility-scale PV contributions toward both goals. What do we know about plans for grid integration and upgrade?
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Having more cheap solar power coming on line may free up money that isn't being wasted on coal to upgrade the distribution network. We can hope, anyway.
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Article source: http://cleantechnica.com/2015/03/02/indian-government-approves-15-gw-solar-power-capacity-auction/
The post Indian Government Approves 15 GW Solar Power Capacity For Auction appeared first on Renewable Electron.
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