MNRE plans to double Solar Park electricity target to 40000 MW

The Ministry of New and Renewable Energy is planning to double target electricity production from its ace Solar park programme to 40000 MW from the present 20000 MW.  

Solar Park Scheme was launched to construct solar parks that can generate electricity between 500 MW and 1000 MW.

Speaking at the 10th Renewable Energy India Expo in the capital, Upendra Tripathi, Secretary of MNRE, told that the ministry will seek cabinet approval for scaling up the target.

Already, the solar energy target of 100 GW set for 2022 is described as ambitious from the angle of huge investment required. Solar energy potential of the country is estimated at 1000 GW which is four times the present installed electricity generation capacity.

Explaining the scope for the doubled target, the Secretary pointed out that revenues from clean energy cess has increased by eight times.

Solar park scheme is the anchor programme for realizing the year 2022 target of 100 GW solar energy production. Grid linking of the solar park energy will be made correspondingly. Over the last couple of years, MNRE along its affiliated Solar Energy Corporation were able to generate an efficient ecosystem for solar parks in the country.

MNRE’s target is to set up 25 solar parks with a capacity of 500 to 1000 MW each; targeting around 20000 MW of solar power installed capacity. Ultra-Mega Solar Power project is a single power project with capacity of over 500 MW. 

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