Page 10 - Solar Energy in India: Challenges with Policies for Off-Grid Installations
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Table 3 Revised targets for solar energy for India
Scheme Time Period Year-wise Cumulative Targets for SPV Total Investment
`600 000 crore
Year Cumulative Targets (MW)
2015–16 5000
2016–17 17 000
Revised targets By the year 2017–18 32 000
for solar energy 2022 2018–19 48 000
projects
2019–20 65 000
2020–21 82 500
2021–22 100 000
Note: Adapted from various MNRE sources, Retrieved from http://mnre.gov.in/file-manager/UserFiles/Off-
Grid-&-Decentralized-Solar-Thermal-Application-Scheme.pdf; http://mnre.gov.in/file-manager/UserFiles/
OM-year-wise-cumulative-target-for-100000MW-grid-connected-SP-project.pdf
the central policies and programmes, in limited company established in 1987 to
addition to making their own policies. promote, develop, and extend financial
There are three principal government assistance for renewable energy
bodies to promote solar energy in projects. Third is the Solar Energy
India. The first is the MNRE, which is the Centre (SEC), which is a dedicated
primary unit for all matters relating to unit of the MNRE for the development
renewable energy. The second is the of solar energy technologies and
Indian Renewable Energy Development promotion of its applications through
Agency Ltd (IREDA), which is a public product development. Besides this,
january–march 2017 16 energy future
Scheme Time Period Year-wise Cumulative Targets for SPV Total Investment
`600 000 crore
Year Cumulative Targets (MW)
2015–16 5000
2016–17 17 000
Revised targets By the year 2017–18 32 000
for solar energy 2022 2018–19 48 000
projects
2019–20 65 000
2020–21 82 500
2021–22 100 000
Note: Adapted from various MNRE sources, Retrieved from http://mnre.gov.in/file-manager/UserFiles/Off-
Grid-&-Decentralized-Solar-Thermal-Application-Scheme.pdf; http://mnre.gov.in/file-manager/UserFiles/
OM-year-wise-cumulative-target-for-100000MW-grid-connected-SP-project.pdf
the central policies and programmes, in limited company established in 1987 to
addition to making their own policies. promote, develop, and extend financial
There are three principal government assistance for renewable energy
bodies to promote solar energy in projects. Third is the Solar Energy
India. The first is the MNRE, which is the Centre (SEC), which is a dedicated
primary unit for all matters relating to unit of the MNRE for the development
renewable energy. The second is the of solar energy technologies and
Indian Renewable Energy Development promotion of its applications through
Agency Ltd (IREDA), which is a public product development. Besides this,
january–march 2017 16 energy future