Sunday, December 19, 2010

India to Achieve Solar Power Target

India is on track to add 1.1 gigawatt of grid-connected solar-power generation room by 2013, as part of its target to get to 20 gigawatt of solar power by 2022, Renewable Energy Secretary Deepak Gupta understood Monday.

The South Asian state has fit an ambitious target pro solar energy generation – which by bestow single accounts pro a small portion of the country's power portfolio – to help graze down carbon emissions, spruce peak-hour power shortages and bring electricity to millions of rural households.

"The solar mission has several immediate and long-term objectives. It is very specifically designed to come across India's needs," Mr. Gupta understood by a solar talks.

He understood the government has awarded 184 megawatt of grid-connected solar projects so far, which are probable to be built by September 2011. Bids be inflicted with been invited pro projects tallying 620 megawatts of generation room and the government will invite bids pro 300 megawatts surrounded by a month.

Tenders will be awarded in the appearance months.

The government is offering scores of fiscal incentives to pull towards you companies fit up solar power plants. About a tenth of India's 167-gigawatt installed generation room is based on renewable sources. A major part of the renewable room is wind-based, while solar-based is solely around 15 megawatts.

Ernst & Young understood in a crash released earlier in 2010 with the intention of India's power supply shortage, an increasing need pro energy security and rising environmental concerns are driving a vital need pro a better role of renewable energy options in the country's energy mix.

Mr. Gupta understood the solar mission's objective is to reduce the cost of solar energy and help fee discovery of renewable energy in India.

Power produced by solar photovoltaic plants is more expensive than square coal-generated power. Solar-generated electricity has a tariff of around 18 rupees ($0.4) for every kilowatt hour, while power from coal-fired plants located by pit head sites--close to mines--costs around 1.7 rupees for every kilowatt hour and imported coal-based power expenditure up to 2.6 rupees for every kilowatt hour.

The Indian government aims to reduce solar power generation expenditure by raising large-scale domestic manufacturing of solar photovoltaic equipment and by cheering investment in investigate and development.

The government has authorized state-run power producer NTPC Ltd. To bundle costly solar energy with electricity produced by coal-fired plants while local governments be inflicted with an obligation to approve of a quota of their power from renewable sources.