Govt issues draft guidelines for 3 gigawatts of solar projects1 min read . Updated: 08 Jan 2015, 02:17 PM IST
Comments on the guidelines can be submitted to the ministry of new and renewable energy by 12 January
Chennai: India plans to add 3 gigawatts of grid- connected solar power projects through competitive bidding as part of the country’s National Solar Mission.
Comments on the guidelines can be submitted to the ministry of new and renewable energy by 12 January, according to the draft. The guidelines suggest companies can bid through state governments at a fixed 25-year tariff.
The minimum recommended project size is 10 megawatts, according to the draft. Selection will be based on the lowest quoted tariff.
NTPC Vidyut Vyapar Nigam Ltd. (NVVN), the power-trading unit of India’s largest utility, may purchase the electricity produced. The National Solar Mission seeks to deploy 20 gigawatts of grid- connected projects by 2022 in three phases. Bloomberg