23 May 2016

Fact Sheet on Development of Solar Parks and Ultra Mega Solar Power Projects

Fact Sheet on Development of Solar Parks and Ultra Mega Solar Power Projects
The scheme for “Development of Solar Parks and Ultra Mega Solar Power Projects” has been rolled out by Ministry of New & Renewable Energy on 12-12-2014. The Scheme has been conceived on the lines of the “Charanka Solar Park” in Gujarat which is a first-of-its-kind large scale Solar Park in India with contiguous developed land and transmission connectivity.
This scheme envisages supporting the States in setting up solar parks at various locations in the country with a view to create required infrastructure for setting up of Solar Power Projects. The solar parks will provide suitable developed land with all clearances, transmission system, water access, road connectivity, communication network, etc. This scheme will facilitate and speed up installation of grid connected solar power projects for electricity generation on a large scale.
Objectives
The scheme aims to provide a huge impetus to solar energy generation by acting as a flagship demonstration facility to encourage project developers and investors, prompting additional projects of similar nature, triggering economies of scale for cost-reductions, technical improvements and achieving large scale reductions in GHG emissions. It would enable States to bring in significant investment from project developers, meet its Solar Renewable Purchase Obligation (RPO) mandate and provide employment opportunities to local population. The State will also reduce its carbon footprint by avoiding emissions equivalent to the solar park’s installed capacity and generation. Further, the State will also avoid procuring expensive fossil fuels to power conventional power plants.
Programme Targets
Under this scheme, it is proposed to set up at least 25 Solar Parks and Ultra Mega Solar Power Projects targeting over 20,000 MW of solar power installed capacity within a span of 5 years starting from 2014-15.
Projects Underway
Approvals have been accorded to 33 Solar Parks of aggregate capacity of 20,000 MW to be set up in 21 States

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