Government may soon come out with tenders for 2-4 GW solar power

The government is planning to bring out large tenders for producing 2-4 giga-watts (GW) of solar power, Union Minister Piyush Goyal said today.

“We are looking at coming out with 2-4 GW of solar power tenders. This will lead to economies of scale as large players will come as well as large capital…” Goyal told reporters on the sidelines of the India-Australia Energy Dialogue here.

The country’s grid-connected solar power generation capacity has crossed the 5,000 MW mark.

The government has set an ambitious target of generating 100 GW of solar power by 2021-22 under the National Solar Mission. It is envisaged to generate 60 GW ground mounted grid-connected solar power and 40 GW roof-top grid interactive solar power to meet the target.

The Power ministry has also fixed year-wise targets to monitor the solar power generation in the country. The target for the current year is 2,000 MW and 12,000 MW for the next year.

The ministry is putting all efforts through various Central and State governments schemes to achieve the target.

It has also initiated several schemes for development of solar parks and ultra mega solar power projects. Tenders for around 18,000 MW of solar projects are expected to be issued by March 31, 2016.

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