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India drafts auction rules for 1GW solar capacity

Posted: 16 Oct 2014     Print Version  Bookmark and Share

Keywords:India  solar  Andhra Pradesh 

India is making headway with Prime Minister Narendra Modi's clean-energy push, announcing draft rules to auction 1,000MW of solar capacity in Andhra Pradesh, reports Bloomberg.

Released by the Ministry of New and Renewable Energy, the rules outline by-invitation bidding for contracts to construct plants at a solar park in the southern state, mandating the use of locally-made panels and cells to a quarter of the capacity.

The mandate is a boon to home-grown manufacturers, considering that India dropped a plan to impose antidumping tariffs on solar panels imported from U.S., China, Taiwan and Malaysia, which is expected to boost the flow of investments into the power sector. (Read the rest of the story here: India ramps up efforts in favour of solar power revolution)

According the auction rules mentioned in the Bloomberg report, the responsibility for implementing capacity will be transferred to the central government, away from the states. The central government has raised its capacity installation target to 15,000MW by 2019, five times the current national capacity and approximately triple what it co plan to boost India's clean-energy targets and shift responsibility for implementing capacity away from states to the central government. By 2019, the central government expects to install 15,000 megawatts, more the five times the current national capacity and about triple what it promised in 2012.

Each company can bid for up to 250MW of capacity, with each project capped at 50MW. Winners will sign 25-year power purchase agreements with state-run power trader NTPC Vidyut Vyapar Nigam Ltd. (NVVN).

A venture between the Solar Energy Corp. of India, New & Renewable Energy Development Corp. of Andhra Pradesh and Andhra Pradesh Power Generation Corp. will run the solar park. It will see to the provision of roads, water and power substations in support of the projects. (In related news: Royal DSM establishes solar technology centre in Pune)

A schedule included in the draft sets building of 3,000MW by 2017, 5,000MW by 2018 and 7,000MW by 2019.





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