India approves another six solar parks bringing total capacity to 19.9GW

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India’s Ministry of New and Renewable Energy (MNRE) has now approved a total of 33 solar parks in 21 states with a total capacity of 19.9GW.This is an increase of six from the 27 solar parks that had been approved at the end of last year with an aggregate capacity of 18.4GW.At a meeting of the Parliamentary Consultative Committee of the MNRE and Ministry of Power, Ashvini Kumar, managing director, Solar Energy Corporation of India (SECI), said SECI has been appointed as the implementing agency. SECI has already released INR549 million (US$8 million) to respective state development agencies out of the INR3.74 billion that was sanctioned.India has now come extremely close to achieving the original aims of the ultra-mega solar park development plan which targeted 20GW capacity.Bids for solar park capacity in the last quarter has seen solar tariffs drop dramatically to records lows. This is partly due to solar parks removing the cost of land acquisition and solving evacuation issues that can be major challenges for non-solar park plants.

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