MNRE Notifies Guidelines for Development of Solar Parks
The Ministry of New and Renewable Energy (MNRE) has recently notified the guidelines for the development of solar parks in the country. Previously in December 2014, the ministry had finalized scheme for the development of Solar Parks, targeting a capacity of 20 GW through this scheme.
The scheme rolled out by MNRE last year plans to set up 25 solar parks, each with a capacity of 500 MW and above; thereby targeting around 20000 MW of solar power installed capacity. These solar parks will be set up within in a span of 5 years commencing from 2014-15.
So far Lands has been identified in Gujarat, Madhya Pradesh, Rajasthan, Telangana, Andhra Pradesh, Arunachal Pradesh, Karnataka, Kerala, Uttar Pradesh, Meghalaya, Nagaland, Punjab, Tamil Nadu, Andaman & Nicobar Islands and Uttarakhand.
Status and Achievement of Solar Park: Some states has shown keen interest in setting up large projects under the scheme, and the Ministry received consent from the States for setting up of Solar Parks. The graph blow shows the state-wise projected capacities that can be developed on the identified lands.
Under the scheme the MNRE will provide a grant of RS. 20 lakh/MW or 30% of the project cost, whichever is lower. Solar Energy Corporation of India (SECI) will be the implementing agencies for development of solar parks.
The main objective of the development of these large solar projects is to bring down the cost of solar power, and is one of the major components of the government’s plans of developing 100 GW solar Energy by 2021-22.
In depth details of the MNRE guidelines can be read here.
Our previous blog post on The MNRE Scheme for Solar Parks can be read here.