New Delhi, Feb 25 (IANS) The union cabinet Wednesday approved the setting up of 15,000 MW of grid connected solar power projects through the state-run generator NTPC under the National Solar Mission.
"Successful completion of additional 15,000 MW capacity of grid-connected solar photo voltaic power generation projects, mainly in the private sector, with largely private investment, under the National Solar Mission would accelerate the process of achieving grid tariff parity for solar power," the cabinet communique said.
This would also help reduce consumption of kerosene and diesel, the release added.
The projects will be executed by NTPC Vidyut Vyapar Nigam (NVVN), an arm of NTPC, in three tranches.
In Tranche-I, the solar plants are based on bundling of solar power with unallocated thermal power.
The bundled power will be allotted to various states that offer to provide land for setting up the solar power projects, and to those which would purchase a major portion of the bundled solar power for consumption within the state and ensure connectivity to the solar power project, the statement said.
One thousand megawatt capacity out of the 3,000 MW under the bundling scheme will be set up on land already identified in Andhra Pradesh.
"The balance 2,000 MW capacity under the Bundling Scheme will be allotted in other interested states that come forward," the cabinet approval said.
"Some capacity will be earmarked out of the total procurement under this scheme with provisions of domestically manufactured solar cells as well as modules," the statement added.
According to the government, the first phase of the National Solar Mission (2010-2013) had a target of 1,100 MW for grid connected solar power generation capacity, against which 1,685 MW has been set up under various schemes.
Openers Sai Sudarshan and Rajvardhan Hungergekar starred as India A thrashed Pakistan A by eight
Naveen-ul-Haq continues to be in the news after the match between Royal Challengers Bangalore and
European Commission President Ursala von der Lane will be on an official visit to India. She will
Team India will play the last T20 series against South Africa before the start of the T20 World C
Washington. Liquor businessman Vijay Mallya has asked the government to accept the proposal to re
51,552 people attend India-Bangladesh match
Melbourne, March 19 (IANS) As many as 51,552 people thronged the Melbourne Cricket Ground (MCG)
Samajwadi Party chief Akhilesh Yadav has given a big statement on Sambhal violence. He said that
Day trading guide for Monday: The market is going through ups and downs. The short-term range for
One Nation One Election: The Central Government constituted a committee for 'One Nation, One Elec
President greets people of Bangladesh on National Day
New Delhi, March 25 (IANS) President Pranab Mukherjee on Wednesday greeted the people of Bangla
