Friday 18 November 2016

India Crosses 8.7GW in Solar Installations

According to the Ministry of New and Renewable Energy. The month of October 2016 has crossed the installed capacity of 8.7GW in India, there has been a push in the reforms by the respective state governments for the solar rush and thus installed capacity in this calendar has been more than 1.9GW
During the last fiscla the 3GW was added whereas this year till October has been much of a rise and couple of bigger projects will bring in more installed capacity by the end of this fiscal. As expected this might cross the previous years' capacity installed.

It was also mentioned by Hon. New and Renewable energy minister Mr. Piyush Goyal that world bank recently approved  $625M as overall loan which consists of World Bank Loan of $500M, Clean Technology Fund (CTF) of $100M and CTF grant of $5M for grid-tie solar rooftop programme

There have been many proposals for financing of internal infrastructure development of solar parks for investors to have single window to work with, rather than different land banks, TRANSCO's etc

Looking at roof top grid connected setup, the government and MNRE has come up with various state policies and net metering seems to be picking pace in the market.

Thus sunny days are right around the corner it seems...


has recently approved a total amount of $ 625 million consisting of World Bank loan of $ 500 million, Clean Technology Fund (CTF) loan of $ 120 million and a CTF grant of $ 5 million for grid- connected rooftop solar programme

has recently approved a total amount of $ 625 million consisting of World Bank loan of $ 500 million, Clean Technology Fund (CTF) loan of $ 120 million and a CTF grant of $ 5 million for grid- connected rooftop solar programme

Read more at:
http://economictimes.indiatimes.com/articleshow/55477171.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
has recently approved a total amount of $ 625 million consisting of World Bank loan of $ 500 million, Clean Technology Fund (CTF) loan of $ 120 million and a CTF grant of $ 5 million for grid- connected rooftop solar programme

Read more at:
http://economictimes.indiatimes.com/articleshow/55477171.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
has recently approved a total amount of $ 625 million consisting of World Bank loan of $ 500 million, Clean Technology Fund (CTF) loan of $ 120 million and a CTF grant of $ 5 million for grid- connected rooftop solar programme

World Bank has recently approved a total amount of $ 625 million consisting of World Bank loan of $ 500 million, Clean Technology Fund (CTF) loan of $ 120 million and a CTF grant of $ 5 million for grid- connected rooftop solar programme.


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