Govt to Achieve 20 GW Solar Power Capacity in FY18, says R K Singh

Govt to Achieve 20 GW Solar Power Capacity in FY18, says R K Singh

As on February 28, 2018, a grid connected solar capacity of 19.58 GW has been installed and the government is very close to achieving 20GW in 2017-18 itself of the target set initially.

MNRE

The Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has said that the government is close to achieving 20 GW grid connected installed solar power generation capacity in the current financial year with 19.58 GW already in hand till February end.

The Minister said in a written reply to Lok Sabha that, “As on February 28, 2018, a grid connected solar capacity of 19.58 GW has been installed and the government is very close to achieving 20GW in 2017-18 itself of the target set initially.”

The government had revised the target of grid connected solar energy capacities from 20GW to 100GW by 2022.

However, Singh said that at present, the indigenous manufacturing capacity is not adequate and therefore the country is dependent on both imported as well as domestically manufactured solar panels/equipments.

The government has decided to auction 30 GW solar energy capacities each in 2018-19 and 2019-20 to achieve 100 GW grid connected capacities by 2022.

Source: PTI

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Manu Tayal

Manu is an Associate Editor at Saur Energy International where she writes and edits clean & green energy news, featured articles and interview industry veterans with a special focus on solar, wind and financial segments.

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