HOME > BUSINESS > India may miss national solar mission target for 2016-17

India may miss national solar mission target for 2016-17

After having met its solar power installation target for last financial year with relative ease, India could end up missing its target for the year ending March 2017.

India had around 6 GW of installed solar power generation capacity at the end of March 2016, and by this year, it was supposed to rise to 12.7 GW.

However, according to numbers obtained from the ministry of new and renewable energy (MNRE), the total grid-connected solar power generation capacity in India stood at 9.012 GW at the end of December 2016.

Given that there was around 6.5 GW of capacity at the end of last financial year — against a target of 5.5 GW — the country has added only around 2.5 GW in the last nine months of 2016, less than 1 GW per quarter.

At this rate, the total grid-connected solar power generation capacity in India is likely to barely touch 10 GW at the end of March, well short of the target. This performance will be in stark contrast to how the country fared in 2015-16, when it added 3.02 GW against a target of 1.8 GW.

According to the renewed solar mission targets of 2015, India is supposed to add 7.2 GW in this year and 10 GW in 2017-18 (next year).

To meet this, the country would have to add capacity at the rate of 2.5-3.0 GW per quarter in 2017, compared to the sub-1-GW run-rate seen in 2016.

One GigaWatt is equivalent to 1000 megawatt. A typical grid-connected solar plant has a capacity of about 25-200 MW.

However, there are also larger projects, such as the 10 GW solar ‘field’ announced by Adani Group in Rajasthan two years ago. Rajasthan, home to most of India’s desert land, has a target of creating 25 GW of solar capacity by 2022, which would imply that 25% of the national mission’s target would be met by Rajasthan alone.

Solar at present accounts for only a small part of India’s total energy map.

India is estimated to have a total of 225 GW of coal- and gas-fired power capacity at present, compared to 9 GW in grid-connected solar. Besides, the effective utilization of solar power plants is only a very small part of the total rated capacity, unlike in coal, where plants can run at 80-90% load.

Solar plants produce only 12%-16% of their rated capacity due to variability in sun light throughout the day.

The production record under National Solar Mission is, however, higher at 16.28% to 21.75% due to the higher rate of solar insolation received by India compared to countries like Germany and Japan.

POWER PARITY

The prices at which companies in the Mission have volunteered to supply power to government utilities have crashed in recent years — reflecting a similar decline in the cost of solar equipment.

In Dec 2010, the bids were coming in at Rs 11.6 per unit (kWh). This declined to Rs 8.3 per kWh in 2011 and to Rs 4.63 last year. Earlier this month, Mahindra Renewables, Acme Solar Holdings and Solenergi Power entered into contracts with government utilities to supply solar-generated power at under Rs 3 per unit — a record for the world.

At Rs 2.97 per kWh, solar power has achieved commercial parity with coal-based power.

Follow ULTRA.news
India to see 6 GW of wind power auctioned in 5 months Inox Wind Limited, the most aggressive player in bidding for new wind power projects, said it expects almost 6 GW of new wind power projects to be auctioned in India over the next five months.In comparison, the country added 5.4 GW of wind power capacity on the ground in the...
No salvation in sight for gas-based power plants – India Ratings India Ratings, a Fitch company, said it sees no chance for a revival in the fortunes of natural gas-based power generation plants in India.The country saw the setting up of several such plants, especially in Andhra Pradesh, at the turn of the century on expectations of a gas...
Reliance Capital to get Rs 300 cr from IREDA for lending to renewable sector Anil Ambani Group's Reliance Capital Indian Renewable Energy Development Agency Limited (IREDA) will make available Rs 300 cr for lending to renewable energy and energy efficiency projects.IREDA is a Government of India Enterprise under the administrative control of Ministr...
Adani Enterprises to demerge and list solar business Adani Enterprises Limited said it will demerge Adani Green Energy Ltd by cancelling the shares it holds in the subsidiary and issuing new shares directly to the shareholders of the parent company.Shareholders will get 761 shares of the new company for every 1,000 shares they...
CNG price increased by 95 paise per kg in Delhi, Rs 1.26 in NCR Indraprastha Gas Ltd, which sells CNG to the National Capital Region, said it has raised the price of CNG by 95 paise per kg in Delhi and by Rs 1.26 per kg in the consumer price of CNG in Noida, Greater Noida and Ghaziabad.In Rewari, the price will be increased by Rs 1 per kg...
Infosys included in Dow Jones Sustainability Index Infosys said it has been inducted into the Dow Jones Sustainability Indices (DJSI) and is now part of two of the indices -- DJSI World and DJSI Emerging Markets.The indices measure the economic, environmental and social performance of companies and are based on the companie...
South India still water-stressed despite decent monsoon Despite a decent monsoon season, water levels at storage facilities in India continues to be below those of last year as well as the 10-year average.Of particular concern is the situation in South India, only 39% of the total capacity of the reservoirs has been filled so far...
Solar Power is a life saver in Chhattisgarh – Survey The solar energy revolution may be all about saving the environment, but for the Indian state of Chhattisgarh, it's impact is more immediate, and life-saving.According to a first-of-its-kind study conducted on primary health centers in the state, PHCs with solar backup admit...
Tata Power renewable generation up four times last year Tata Power said it generated more four times as much power from renewable sources like solar and wind in the financial year ended March, compared to the year before.This was achieved partly due to an acquisition.During the year, its renewable arm Tata Power Renewable En...
Tata Power to set up electric vehicle charging stations in Mumbai Tata Power announced its plan to set up electric vehicle charging stations across Mumbai, and has set up the first one at its compound in Vikhroli."These chargers would facilitate electric car users to charge their cars (Battery Electric Vehicles such as the Mahindra e2O, Nis...
India achieves only 14% of rooftop solar power target Even as India more or less sticks to the target on adding large solar farms under its ambitious Solar Mission project, the other leg of the plan -- rooftop solar -- remains woefully behind target.Under the solar mission, India is supposed to have put in 5,000 megawatt of sola...
SLOW START: India adds 8.3% of 2017 target solar capacity in three months India added only 827 megawatt of solar power generation capacity in the first three months of the current financial year, indicating a slow start to the yearly program.The addition of the first three months represents only 8.27% of the 10,000 megawatt that it is supposed to c...
Surya introduces 32-watt full-size ceiling fan with BLDC technology Surya Roshni, one of India's oldest electrical brands, said it launched what could be India's most power efficient full-size ceiling fan -- the SS-32.The fan belongs to the new breed of brushless or BLDC fans that use an electronic circuit to convert alternating current into ...
BHEL wins 15 MW solar project, total reaches 180 MW Bharat Heavy Electricals Limited said it got an order from Gujarat Alkalies and Chemical Limited for setting up a 15 MW Solar Photovoltaic power plant in Gujarat on Engineering, Procurement and Construction (EPC) basis.This takes the total solar power generation capacity bein...
IREDA to sell 14 cr shares in IPO to help meet India’s renewable targets The central government has okayed the listing of India's premier renewable energy agency, IREDA, via an initial public offer.Part of IREDA co-financed 202.40 MW Wind Power Project in APThe move will help the non-banking finance company "increase its equity base which wil...
India enters the nuclear power club with new 7.7 GW program Koodankulam Plant built with Russian helpIndia today announced among the biggest civil nuclear programs anywhere in the world, saying it will set up 7,700 MW of indigenously developed nuclear power plans.It is the first time that the country is creating so much capacity ...
NTPC starts 660 MW Solapur Super Thermal Power Project in Maharashtra One of NTPC's thermal plantsNTPC Ltd, India's largest power producer, has taken its total installed production capacity beyond the 51,000 MW mark with the addition of the 660 MW Solapur Super Thermal Power Project in Maharashtra.The total capacity of the NTPC Group has b...
BHEL commissions 800 MW supercritical coal unit in Karnataka The Raichur plantBharat Heavy Electricals Limited (BHEL) commissioned an 800 MW coal-based supercritical thermal unit at the  Yeramarus Thermal Power Station located in Raichur district of Karnataka, the heavy equipment maker said.The plant is a joint venture between BHE...
India is the first country to reuse nuclear waste on large scale – Minister A rally to popularize nuclear power in Mumbai in 2014The Department of Atomic Energy today said that India is the first country in the world where the waste produced by nuclear power plants is being used for civilian applications.Jitendra Singh, the minister of state ove...
Govt not to supply LNG to stranded gas power projects from next month A gas-based power plant owned by Tamil Nadu GovtThe government is not planning to extend the two-year-old scheme to supply subsidized, imported natural gas to stranded gas power projects when it expires this month, according to a senior power ministry official."We got a ...