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India Proposes 9 Gigawatts Solar Capacity to 2017


06 Dec. 2012 by

BLOOMBERG - India released a draft policy with the goal of building 9,000 megawatts of grid-connected solar plants by 2017, more than eight times its current capacity.


Plans include auctioning 1,650 megawatts of photovoltaic capacity by the central government in the next financial year, grants to cut project costs and loosening curbs on the purchase of equipment from overseas, according to the draft published on the website of the Ministry of New and Renewable Energy.

 

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