May 2018 smartGOV_eMagazine_May2018 - Page 19

the state governments, is planning to facilitate the development of 50 solar power parks of 500 MW and above to boost the solar capacity in high solar irradiation states and 20GW of new projects are to be auctioned by 2018. As per MNRE, India installed 12,289 MW of solar through March 2017. The state governments will identify land for the proposed solar parks, provide permits and related infrastructure such as grid interconnect systems while a government sponsored entity will commit to buy power produced from these parks. Peak power deficits and rising power prices: Despite adding 112 GW of power in the past five years, India continues to be plagued by a persistent demand/supply mismatch with a six-year average energy deficit of approximately 5% according to the Ministry of Power. As the country has outstripped its domestic supply of conventional fuels, India has also suffered f