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Solar power could become as cheap as conventional thermal energy over the next two to three years and reach Rs 4-4.5 per unit by FY18, India Ratings and Research (Ind-Ra) said in a report.

Mauritius-based Sky Power beats sector majors in Madhya Pradesh
Jyoti Mukul & Shreya Jai

India, Mumbai, 14th July 2015 – Rolta Power Pvt. Ltd. and China-based Zhenfa New Energy Science and Technology Co. Ltd.

Verdict expected in August

MNRE has rolled out a scheme 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 and the solar projects may then come up as per demand and interest shown by developers.

The cabinet on Wednesday revised the target for solar-capacity addition under the Jawaharlal Nehru National Solar Mission (JNNSM) to 1,00,000 megawatt (mw) or 100 gigawatt (gw) by 2022, from 20,000

The projects have to be implemented by 2017 and the PSUs and ministries would be free to use the power so generated for either self-use or sell it to third party or discoms.

Ministry of New and Renewable Energy is very close to announcing Phase II Batch 2 programme

Tenders for 10,000 Mw to be awarded in 3 months; NTPC and MP govt to take the lead

Project implemented at Rs. 3.97 lakh

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