Millennium Post

Govt nod to 15,000 MW grid-connected solar projects

The government on Wednesday approved setting up of 15,000 MW grid-connected solar power projects by state-run NTPC under the National Solar Mission.

The Cabinet gave its approval for implementation of the scheme for setting up of 15,000 MW of grid-connected solar photo voltaic power projects under the National Solar Mission, an official statement said.

They will be executed by NTPC Vidyut Vyapar Nigam (NVVN), an arm of NTPC, in three tranches.
The completion of this 15,000 MW capacity projects under the National Solar Mission would accelerate the process of achieving grid tariff parity for solar power and also help reduce consumption of kerosene and diesel, which is presently in use to meet the unmet demand.

Some of the solar PV plants are based on bundling of solar power with unallocated thermal power.

The bundled power will be allotted to various states that come forward to provide land for setting up the solar power projects and to those which would purchase a major portion of the bundled solar power for consumption within the state and ensure connectivity to the solar power project.

The capacity allotted to each such state will be set up through developers, to be selected through international competitive bidding by NTPC/NVVN.
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