During the remaining period of the current fiscal, as much as 3,790 MW of solar power generation capacity is expected to be added by March-end, taking total capacity to 9,038 MW from existing 5,248 MW, according to a status report by Ministry of New and Renewable Energy.
Tendering for solar project totalling a capacity of 15,177 MW has already been completed and a total capacity addition of 12,161 MW is expected during the financial year 2016-17, it said.
During the remaining months of February and March of this fiscal, tendering of 4,431 MW is expected, it added.
The government has revised the National Solar Mission (NSM) target from 20,000 MW to 1,00,000 MW by 2022.
Of the 1,00,000 MW of power that will be generated through solar power, 40,000 MW is to come through grid connected solar rooftop systems.
Solar power generated by each individual household, industrial, institutional, commercial or any other building can be used to partly fulfill the requirement of the building occupants and the surplus, if any, can be fed into the grid.
commitment to mitigate the effect of climate change.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
