Centre approves plan for setting up 12,000 MW solar PV power projects -Governance Now

Centre approves plan for setting up 12,000 MW solar PV power projects

The proposal will provide direct employment to 60,000 people for about one year in pre-commissioning activities/construction phase

GN Bureau | February 11, 2019

#Centre #solar energy #solar power #solar PV power projects #renewable energy #MNRE #PM Modi

The centre has approved the ministry of new and renewable energy’s proposal for implementation of the central public sector undertakings (CPSUs) scheme phase two for setting up 12,000 MW grid-connected solar photovoltaic (PV) power projects with a viability gap funding (VGF) support of Rs 8,580 crore.

The 12,000 MW or more capacity of grid connected solar power projects will be set up by the government producers in four years i.e. from 2019-20 to 2022-23 based on the terms and conditions specified in the government producer scheme.

The scheme will mandate use of both solar PV cells and modules manufactured domestically as per specifications and testing requirements fixed by MNRE.

The scheme will also help in giving a push to Make in lndia initiative by encouraging government producers to procure solar cells and modules from domestic manufacturers. It will create sufficient demand for domestically produced solar PV cells and modules for next 3-4 years.

The proposal will provide direct employment to around 60,000 people for about one year in pre-commissioning activities/ construction phase and around 18,000 persons for about 25 years in the operation and maintenance period. That apart, over 1.20 lakh additional employment opportunities will also be created.

Comments

Other News

`Focus on infra, reforms, digital connectivity has created strong foundation for growth`

In a step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA), union minister of commerce & industry Piyush Goyal launched the BHAVYA Portal on Monday in New Delhi. Addressing the gathering, Goyal said that the BHAVYA scheme will adopt a competit

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows. Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of … As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra. With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri