Strategies Launched for Acquiring Solar Energy Earmarks – MNRE

Solar Energy Earmarks MNRE

India is holding the biggest renewable capacity extension program on the planet. The Centre has taken up several strategies for acquiring Solar Energy earmarks; targets of 20,000 MW of solar power proposed to be introduced in the nation 2022.

  • Off-Grid Housetop: Programed to install 40GW solar rooftop programs where Grid is now exist. 15% Government sponsorship for non-commercial and non-i classifications for utilizing domestic solar panels would be given.
  • The Legislature has endorsed a Plan for setting up of 25 Solar Parks, each with the limit of 500 MW and more. Ultra Mega Solar Power Projects to be established in next 5 years in different States of India and will require Central Government money related backing of Rs 4050 crore. These parks will have the capacity to suit more than 20,000 MW of Solar Power ventures. As on date, 27 parks with limit of around 18000 MW in 21 states have been endorsed.
  • Installing of more than 300 MW of Grid connected Solar PV Power Ventures by Defence establishments and Para Military Forces with feasibility crevice subsidizing. More than 150 MW ventures have been authorized under the plan.
  • Implementation of Scheme for setting up 1000MW of Grid connected solar PV power ventures by CPSUs and GOI association’s with feasibility Crevice Financing in three years period from 2015-16 to 2017-18. Around 100 MW have been allotted to different CPSUs under the plan.
  • Strategy for Development of Grid Connected Solar PV Power Plants on Canal Banks and Canal Tops: MNRE propelled a Plan for Improvement of Grid Connected Solar PV Power Plants on Canal Banks and Canal Tops in the nation amid the 12th Plan period at an expected expense of Rs. 975 crore and with Central Financial Assistance (CFA) of Rs. 228 crore. The Plants Canal Banks and Canal Tops with 50 MW capacities under every class have been endorsed to 8 States (Gujarat, Andhra Pradesh, Karnataka, Kerala, Uttar Pradesh, Punjab, Uttarakhand and West Bengal).
  • Plan for Decentralized Generation of Sun powered Energy Ventures by Unemployed Youths and Agriculturists. It is expected that around 10GW solar ventures would be install. Experimental Financing of such activities could be viable as value is being set up by the state, local bodies and entrepreneurs.
  • New Loan plan to stimulate housetop solar power ventures declared by IREDA. Under this plan, loans will issue at the interest rates of around 9.9% and 10.75% to framework aggregators and facilitators.
  • Surya Mitra Scheme initiate for fabricating 50,000 Trained personnel inside of a time of 5 years (2015-16 to 2019-20). The course content has been affirmed by the National Council of Vocational Training as per the National Skill, Qualification System. As on 30.9.2015, an aggregate of 27 projects including Rs 17 crore have been endorsed to SNAs by NISE. In 2015-16, 70 projects will be directed against which 27 programs have begun. As on 30.9.2015, around 360 Surya Mitras were prepared under the strategy.

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