The government has dropped its plan to install 12GW of solar capacity out of total 15 GW envisaged through state-owned NTPC as solar tariff dipped recently, Parliament was informed Thursday.
Earlier, the government had planned to install 15 GW of solar energy capacity through NTPC, which was to be bundled with thermal power supply to specific states. The power company has already completed auction of 3GW capacity out which 2.75GW is installed and 0.25GW is under construction.
“Since the solar power price has fallen recently, it is not proposed to take up Tranche II (5GW) and III (7GW),” said Power and New & Renewable Energy Minister R K Singh in a written reply to the Lok Sabha. Read More