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Sustainable Development

Indian state utility NTPC given green light for 15 GW solar plan

by The Daily Eye Team March 2 2015, 4:01 pm Estimated Reading Time: 0 mins, 48 secs

India’s union cabinet approved on Wednesday a proposal from state utility NTPC Ltd to develop 15 GW of grid-connected solar PV projects in the country. The proposal will be completed in three tranches under the country’s National Solar Mission, with NTPC first developing a 3 GW project under Tranche-1, which, as part of Batch-II, Phase-II of the National Solar Mission, will be bundled with unallocated thermal power (at 1.5 GW) at a ratio of 2:1. The second tranche will be a 5 GW project, for which the government is yet to decide how it will support the solar rollout, while the third and final tranche – 7 GW of grid-connected PV – will receive no financial support from the government. Under the first tranche, 1 GW of the proposed 3 GW rollout will be developed on land already identified in Andhra Pradesh, with the remaining 2 GW of solar capacity available to any states that come forward with an interest in developing project.

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