NTPC gets approval to develop 15,000MW solar plants in India

The Indian Government has approved 15,000MW of grid connected solar power projects in the country as a part of the National Solar Mission.

The projects will be developed over three phases by the state-owned NTPC.

NTPC Vidyut Vyapar Nigam (NVVN) will execute the projects, which are likely to reduce the burning up of kerosene and diesel.

The cabinet release stated: “Successful completion of additional 15,000MW capacity of grid-connected solar photo voltaic power generation projects, mainly in the private sector, with largely private investment, under the National Solar Mission would accelerate the process of achieving grid tariff parity for solar power.”

Under the first phase of the scheme, Tranche-I, the projects will be based on bundling of solar power with unallocated thermal power.

The bundled power generated through the projects will be divided among those states where the solar farms would be set-up.

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