SOLAR FACTS

Under National Solar Mission, the target for setting up solar capacity increased from 20 GW to 100 GW by 2021-22. Target of 10,500 MW, set for 2016-17 which will take the cumulative capacity to 17 GW till 31st March 2017. As on date, 19,276 MW has been tendered out, of which LOI issued for 13,910 MW/PPA signed for 10,824 MW. 34 Solar Parks of capacity 20,000 MW in 21 states have been sanctioned which are under various stages of execution. As on 31st October 2016, a total of 90,710 solar pumps have been installed throughout the country.

A total amount of Rs. 67.01 crore has been sanctioned for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects. So far an amount of Rs. 24.16 crore has been released under Solar City Programme.

Various departments and ministries under central government have committed to deploy overall 5,938 MW of rooftop solar capacity for their internal power consumption.

SECI is aggregating demand for a part of this requirement and helping in procuring rooftop solar systems. SECI has issued a tender for development of 1,000 MW rooftop solar capacity on pre-identified central government/ department owned buildings. It is the largest such tender in India’s fledgling rooftop solar market.

Several schemes namely (i) Defence scheme (ii)  Central Public Sector Undertakings (CPSUs) scheme (iii)  Bundling scheme (iv) Canal Bank/ Canal Top scheme  (v) VGF Scheme (vi) Solar Park scheme (vii) Solar rooftops, have been initiated/launched by the Ministry under National Solar Mission which are under implementation. Under Defence scheme against a target of 300 MW, 347 MW sanctioned, under Central Public Sector Undertakings (CPSUs) scheme against a target of 1000 MW, all capacity sanctioned, under 3000 MW Bundling scheme, Tranch-I: 3000 MW has been tendered, under 100 MW Canal Bank/ Canal Top scheme, all capacity sanctioned, under 2000 MW & 5000 MW VGF Scheme, tenders issued for 4785 MW, and under 20,000 MW Solar Park scheme, 34 Solar parks have been approved in 21 States with aggregate capacity of 20,000 MW.

Solar Rooftop: A target of 40 GW grid connected solar rooftops is planned to be achieved by 2022. So far, about 500 MW have been installed till 30.09.2016.and about 3,000 MW has been sanctioned which is under installation. All major sectors i.e. Railways, Airports, Hospitals, Educational Institutions, Government Buildings of Central/State/PSUs are being targeted besides, the private sector. Rs.5000 crore approved for solar rooftops. A total sanction of 1300 million US$ has been received from World Bank, KFW, ADB and NDB through which the SBI, PNB, Canara Bank and IREDA will be in the position to fund at the rate of less than 10%.