Indian Government Okays NTPC’s Plans to Develop 15GW of Solar Projects

The Indian government has approved plans by state-owned NTPC to develop 15,000 megawatts of solar capacity, according to media reports.

The projects, which will run as part of the National Solar Mission, will be developed by NTPC unit NTPC Vidyut Vyapar Nigam in three stages. Individual states will be encouraged to come forward to offer land for the projects, and the power will be offered to them.

India has made solar projects development a priority in its renewable energy strategy, as declining costs for solar has made it a more viable technology. It is Modi is targeting 100,000MW of installed solar capacity by 2022, which is 33 times more than the current installed capacity.

India currently has about 250GW of operating renewable capacity.

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