As of 31.10.2021, the share of solar power installed capacity in the overall electricity capacity is 12.20%, and in terms of the electricity mix, it is 4.37% for the year 2020-21.
Important steps are taken for increasing Solar energy generation in the country:
- Declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2022;
- Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route;
- Waiver of Inter-State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by 30th June 2025;
- Setting up of solar parks to provide land and transmission to RE developers on a plug and play basis,
- Schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW CPSU Scheme Phase II, etc,
- Laying new transmission lines and creating new sub-station capacity for evacuation of renewable power under Green Energy Corridor Scheme.
- Notification of standards for deployment of solar photovoltaic system/devices;
- Setting up of Project Development Cell for attracting and facilitating investments;
- Standard Bidding Guidelines for tariff based competitive bidding for procurement of power from Grid Connected Solar PV and Wind Projects;
- Government has issued orders that power shall be dispatched against Letter of Credit (LC) or advance payment to ensure timely payment by distribution licensees to RE generators; and
- Launch of Green Term Ahead Market (GTAM) to facilitate sale/purchase of Renewable Energy including Solar power through exchanges.
This information was given by Union Minister for Power and New and Renewable Energy, Shri R.K.Singh in a written reply in Lok Sabha on Thursday.