The Cabinet Committee on Economic Affairs has approved the implementation of scheme for setting up 750-MW grid-connected solar power projects under the second phase of the Jawaharlal Nehru National

The total viability gap funding requirement for the scheme works out to Rs 1,875 cr

The Union Cabinet on Thursday approved the setting up of a 750-Megawatt (Mw) power generation capacity under the initial leg of the second phase of the National Solar Mission under implementation. The projects would be set up with viability gap funding (VGF) support from the government's clean energy fund.

The Intergovernmental Panel on Climate Change has just said that humans are the largest contributors to climate change.

It will involve 1,850 km of transmission lines, 3 new 400 kV substations and 9 new 220 kV grid substations

The Asian Development Bank (ADB) will lend $500 million to set up a transmission network that will carry power from clean energy projects in Rajasthan.
"ADB will provide $500 million to build a power transmission system needed to deliver clean electricity from wind and solar power projects in Rajasthan...To the state and national grids," the Manila-based multilateral funding agency said in a release.

Conference discusses impediments that prevent solar energy from taking off in a big way in the country.

Stake holders, experts and state level policy makers are seeking reforms must to facilitate growth of solar energy sector up to its potential.