India’s National Solar Mission drafts guidelines to add next 2GW to 2019 pipeline

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

The Indian Ministry of New and Renewable Energy (MNRE) has drafted guidelines to install 2GW of new solar PV generation capacity through the current phase of the country’s National Solar Mission (JNNSM).

Using viability gap funding (VGF), the third batch of the second phase of JNNSM will select up to 2,000MW of new projects that are each over 10MW capacity. MNRE’s sub-division by Solar Energy Corporation of India will attempt to “divide the entire quantity in a state into projects of uniform size as far as possible”. MNRE said it intends to raise competitiveness through the bidding process. The ministry also hopes to build up economies of scale by raising the sizes of eligible projects across the board.

There will be a domestic content requirement applied to 250MW of that total. Through VGF, project developers would be paid a fixed power purchase agreement (PPA) tariff of INR5.43 (US$0.09) per kWh for the first year, rising each year by INR0.05 per kWh, before hitting the upper limit, set at INR6.43 per kWh and remaining fixed once it reached that ceiling. Evening out the price over the term of the tariff, MNRE claims it to be a levelised cost of INR5.79 per kWh. VGF funding levels will be determined based on the developer’s original bidding price. Available land for projects will either be sites procured by developers or will come from state-sanctioned solar park sites.

India’s government is currently mulling over proposals to push national targets for solar PV deployment up to 100GW by 2022. Through the first phase of JNNSM, MNRE said, 970MW of capacity was auctioned off from a possible 1,000MW total, of which 718MW has been installed.

Stakeholders are now invited to submit their comments and views on the draft guidelines for batch three of JNNSM. The draft emerges in the same week that a WTO panel is set to hear a complaint from the US over the JNNSM’s domestic content requirement rules.

26 January 2022
Join this free webinar for our analysis of the growth of N-Type technology including; new capacity expansions and production output. We'll also be looking at the global manufacturing footprint with forecasts on how much product will be made outside of China this year and which companies are driving technology change across the crystalline silicon value chain.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.
8 March 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 March 2022
When it comes to storage, the US market exceeded a gigawatt of advanced energy storage installations (weighted towards lithium ion) at 1.46 GW, more than the previous six years in total! An exponential growth rate could see the market hit 7.5 GW p.a. by 2025. The summit will provide a wealth of content around this vital piece in the US power puzzle, with sessions dedicated to explore how companies are making money from batteries, the latest chemistries and their applications as they apply to different use-cases. We ask how investors can match ESG criteria to batteries and we will bring case studies of successful deployment and project execution onto the stage to examine how you can ensure your own projects are successful.
29 March 2022
Now in its 10th sell-out year, Large Scale Solar returns to Lisbon in 2022. We are excited to gather together face-to-face with the European solar industry as we provide unique and exclusive access to a powerful selection of the market's key stakeholders. Join this elite summit to find out how the market is maturing, which new markets are becoming more exciting, how technology is evolving and who's driving the market forward into the 2020s. Always senior, packed with developers, EPCs, utilities and investors this is the event for companies serious about European solar PV.

Read Next

PV Tech Premium
January 18, 2022
olar project developer Eco Energy World is aiming to “aggressively” grow its US PV pipeline after formally entering the market last week and intends to replicate the cheaper engineering, procurement and construction (EPC) costs it sees in Europe in the country. PV Tech Premium speaks to CEO Svante Kumlin to find out more.
January 18, 2022
PV inverter specialist Huayu New Energy has upgraded its portfolio of single-module microinverters, launching them in the Brazilian market this month.
January 18, 2022
Trina Solar’s tracker manufacturing unit TrinaTracker has launched a 1P single-row tracker, dubbed Vanguard.
January 18, 2022
Spanish solar company Soltec Power Holdings, through its subsidiary Powertis, has sold a controlling stake in 421MW of its solar PV projects and 90MW of energy storage in Italy to German investment firm Aquila Capital under a co-development agreement.
January 18, 2022
Solar tracker manufacturer Soltec has signed contracts to supply 610MW of its SF7 bifacial trackers to Enel Green Power for use in two PV plants in Peru and Colombia.
January 18, 2022
Prefabricated solar solutions manufacturer 5B is looking to improve the scalability and cost of its technology through an AU$33.4 million (US$24 million) innovation programme and support from the Australian Renewable Energy Agency (ARENA).

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal