India will connect just 400MW of the 1200MW of solar capacity the state and central governments originally planned to install during the current fiscal year, reports Bloomberg.
To date, India has installed 180MW during the year ending March 31, according to the Ministry of New and Renewable Energy. However, headaches over bankability and finance look sure to see the final figure fall well below the original forecast.
Gujarat alone planned to build more than 900MW, while the remaining 302MW of the total figure was scheduled to come from central government’s Jawaharlal Nehru National Solar Mission (JNNSM).
The JNNSM involved 150MW of capacity handed out via auction, 98MW of rooftop developments and 54MW of capacity under a programme to consolidate state-level projects.