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India Commits Solar And Wind Energy Capacity

Author: Source: Datetime: 2019-01-08 11:01:14
The Indian government reiterated its commitment to bid for large amounts of solar and wind energy capacity to achieve the goal of 100 GW of solar energy and 60 GW of wind energy capacity before March 31, 2022.

In a press release recently released by the Ministry of New Energy and Renewable Energy (MNRE), the government said it plans to bid 60 GW of solar power capacity and 20 GW of wind power capacity by March 2020 to achieve the above goals.
India Commits Solar And Wind Energy Capacity
According to data released by the Ministry on October 31, 2018, India installed solar power capacity just over 25 GW, while an additional 36.6 GW is being built or tendered, bringing the total to 61.6 GW. The Ministry hopes to fill a gap of approximately 40 GW through new tenders between January 2019 and March 2020. This means that the average monthly capacity bid for the next 15 months is about 2.7 GW.

In terms of wind energy capacity, the figure for October 31, 2018 is 35 GW, while the number being built or tendered is 9.4 GW, for a total of 44.4 GW. The Ministry plans or expects to conduct a new tender of 20 GW for a 15-month period prior to March 2020 to achieve a 60 GW installed capacity target, so the average monthly tender will reach a controllable 1.4 GW.

This is not the first time the Indian government has issued a timetable for solar and wind energy tenders to achieve the 2022 target. MNRE did the same thing a year ago but failed to keep up with its schedule.

According to the initial timetable, the Ministry plans to tender for 13 to 14 GW of wind energy capacity between January 2018 and March 2019. In fact, between February and September 2018, only 6.9 GW of capacity was tendered. The Indian Solar Company, a body directly controlled by MNRE, had to reduce the size of multiple wind energy tenders and even had to cancel or postpone some of them.

Not only that, but India must also bid 30 GW of solar power generation solar power capacity between April 2018 and March 2019, and bid 30 GW between April 2019 and March 2020. Now the capacity of 60 GW will be squeezed to the remaining 15 months (January 2019 to March 2020). In the solar industry, the SECI must also reduce the size of some tenders and significantly reduce the size of the large tenders associated with the development of manufacturing facilities.
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