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ARTICLE · 19 OCTOBER 2015

Scheme For Setting Up Solar Parks And Ultra-Mega Solar Power Projects Approved

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The solar parks shall be set up over a five year period from 2014-15 to 2018-19.

IndiaEnergy and Natural Resources
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In the October 2014 edition of Infrastructure and Energy Quarterly, we had highlighted the key elements of the Draft of the Scheme for development of Solar Parks and Ultra Mega Solar Power Projects (Scheme) which was issued by the Ministry of New and Renewable Energy – National Solar Mission Coordination Group vide its notification dated August 1, 2014 (click here to read the note on the Draft Scheme). The Union Cabinet, on December 10, 2014 approved the Scheme for setting up 25 solar parks each with a capacity of 500 MW and above and Ultra Mega Solar Power Projects. The solar parks shall accommodate over 20,000MW of solar power projects. The solar parks shall be set up over a five year period from 2014-15 to 2018-19.

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