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