India releases guidelines for ‘Ultra Mega’ solar power projects

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

Guidelines for implementing India’s plans for 20GW of solar capacity from “Ultra Mega solar power projects” in 25 parks have been published by the Ministry of new and Renewable energy (MNRE).

Each of the solar parks will have a minimum capacity of 500MW to be set up within five years from 2014/15 to 2018/19.

MNRE estimated that the park plans will require an investment of INR40.5 billion (US$638 million) of Central Financial Assistance (CFA) from the Indian Government.

The Mega parks come as part of the Jawaharlal Nehru National Solar Mission (JNNSM), which is India’s main solar procurement programme, spearheading progress towards the target of 100GW solar deployment by 2022.

Benefits of the mega parks include cutting the costs of evacuating energy from scattered power projects and preventing delays from acquiring land and gaining various permissions.

In the guidelines, MNRE said: “The solar park is a concentrated zone of development of solar power generation projects and provides developers an area that is well characterized, with proper infrastructure and access to amenities and where the risk of the projects can be minimized. Solar Park will also facilitate developers by reducing the number of required approvals.”

The parks also aim to contribute to a state’s Renewable Purchase Obligations (RPO) and provide employment opportunities to local populations.

Government wasteland, non-agricultural land, cold and hot deserts and sides of highways were all cited as potential locations for solar parks.

Land for solar parks has so far been identified in the states of Gujarat, Madhya Pradesh, Rajasthan, Telangana, Andhra Pradesh, Arunachal Pradesh, Karnataka, Kerala, Uttar Pradesh, Meghalaya, Nagaland, Punjab, Tamil Nadu, Andaman and Nicobar Islands, and Uttarakhand.

On Monday PV Tech reported that business conglomerate Adani Group has signed an agreement with utility Tamil Nadu Generation and Distribution Corporation (Tangedco) to set up a 648MW solar park valued at INR45.4 billion (US$715 million) in the Indian state of Tamil Nadu.

Read Next

February 26, 2021
Spanish developer Solarpack has updated its guidance to have between 1.8GW and 2GW of solar in operation and under construction by 2023.
February 26, 2021
Global energy giant EDF has bought a 23% stake in off-grid solar company Bboxx’s Kenyan business.
February 26, 2021
EDP will focus on North America to ramp up its solar capacity in the next five years as part of a new strategic update that will see the Portuguese utility target more than 50GW of renewables additions by 2030.
February 25, 2021
Solar inverter supplier Sungrow will grow its manufacturing capacity in India to 10GW this year.
February 25, 2021
Independent power producer ReNew Power has agreed to go public through a merger with RMG Acquisition Corporation II, a US special purpose acquisition company (SPAC), in a deal that values the combined entity at US$8 billion

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
June 15, 2021