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Title: Rs 5-lakh-crore investments: PM wants solar energy target advanced
Source:Business Standard
Date:22 January 2014

Prime Minister Dr Manmohan Singh has instructed advancing the planned commissioning of 100,00 MW of solar power generation capacity to 2027, against the originally envisaged target of 2031. The long-term target for the ambitious solar mission will be made public soon. The government, received bids from 68 companies, including Tata Power, Moser Baer, Welspun, Azure Power, Jakson Power and KSK Energy on 21 January 2014, for setting up 2170 MW capacity projects for the second phase of the mission. This is three times the proposed 750 MW to be supplied at a fixed tariff of Rs 5.5 per unit. The highest bidders included Azure Power (200 MW), Welspun (160 MW) and ILF&S Energy (100 MW).




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