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Centre to seek 20,000 MW of solar bids
Context
2,000 MW of wind power auction announced; solar manufacturing EoIs coming
What
- The government is planning bids for a total of 20,000 MW of solar energy plants projects in this financial year, of which 3,600 MW have already been completed
- The Ministry is planning bids for 30,000 MW of solar projects in 2018-19 and 2019-20, each. In wind energy, the Centre announced the third wind power auction of 2,000 MW, the largest of its kind in India so far
Solar Component Manufacturing
Government would soon invite expressions of interest for the setting up of end-to-end solar component manufacturing in India of 20 GW capacity
SEC
Solar Energy Corporation of India (SECI) will invite two separate bids for 3,000 MW of solar projects in December 2017 and January 2018 each
NTPC
NTPC is to invite a bid for 5,000 MW of solar projects in February 2018, and another 6,000 MW will be bid out in March 2018 by SECI and other Central PSUs
50% of 2022 target met
In wind energy, the Ministry said it had already received bids for 32 GW of projects, which is more than 50% of the 60 GW target set for 2022 The government is expecting bids for a total of 8-9 GW this year, and 10 GW each in 2018-19 and 2019-20.
