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

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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 ministry is putting all efforts through various Central and State governments schemes to achieve the target. The Power, Coal and Renewable Energy Minister said the tariffs for solar power can come down by another 10 per cent from the record low of Rs 4.34 per unit last month. When I first said that solar power tariffs need to come down, nobody believed me. Now when they have come down to record low they believe me. But looking at the way auctions have gone, it can come down by 10 per cent,” the minister said.

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