India to kick off solar programme this month with $330 million aid

India will open its solar-expansion programme this month by offering Rs.2,100 crore ($330 million) to set up projects across five states.
State-run Solar Energy Corp. of India will invite bids for a total of 3 gigawatts of capacity in Gujarat, Madhya Pradesh, Uttar Pradesh, Karnataka and Tamil Nadu, managing director Ashvini Kumar said in an interview. All will be tendered by March.
Prime Minister Narendra Modi is pushing for 100 gigawatts of solar power by 2022, up from about 4.1 gigawatts currently, to curb chronic blackouts and reduce reliance on coal-fired power plants that make India one of the world’s biggest polluters.
Solar Energy Corp. will tender 700 megawatts in Gujarat, 750 megawatts in Madhya Pradesh, 370 megawatts in Uttar Pradesh and 500 megawatts each in Karnataka and Tamil Nadu, Kumar said in Delhi.
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