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Central

Guidelines for the setting up of 750 MW grid connected solar PV projects under JNNSM with Viability Gap Funding support from National clean Energy Fund

Last IREEED Review: 02 April 2014
Program Overview
State: Central
Technology : Solar Power Project
Solar PV
Solar Thermal
Date of Issue : 25 October 2013
Nodal Agency : State Nodal Agencies
 
Summary
The Jawaharlal Nehru National Solar Mission is a major initiative of the Government of India with active participation from States to promote ecologically sustainable growth while addressing India’s energy security challenge.\nThe Mission has set a target, amongst others, for deployment of grid connected solar power capacity of 20,000 MW by 2022 to be achieved in 3 phases (first phase upto 2012-13, second phase from 2013 to 2017 and the third phase from 2017 to 2022). The first phase (up to 2013) focused on promoting scale-up in grid-connected solar power capacity addition of 1000 MW through scheme of bundling with thermal power implemented through the NTPC Vidyut Vyapar Nigam Limited (NVVN) for minimizing the financial burden on Government, and a small component of 100MW with GBI support through IREDA. In the second phase, further capacity addition of 3000 MW under Central Scheme is envisaged through various schemes.\nTo incentivize setting up of a large number of Solar Power Projects and minimizing the impact of tariff on the distribution companies, various alternatives have been considered. Viability Gap Funding is one of the schemes selected under this programme
 
 
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