Oct 9, 2014 - Rajasthan on Wednesday unveiled a policy that will help the Indian state achieve its target of installing 25,000 MW of solar parks in the next five years.
Among the major goals of Solar Energy Policy-2014 will be to create a stable environment for investors and provide power for urban and rural areas with no power supply, according to a statement on the Rajasthan government’s website. The policy will also seek to provide energy security and address climate change.
Under its terms, solar parks will be constructed in the state and private sectors as well as through Public Private Partnerships. Plants larger than 500 MW will be subject to a fast-approval process as they will be presented directly before State Level Empowered Committee. The overall project permitting procedures will also be simplified under the new policy.
In the current fiscal year through March 2015, Rajasthan will allocate INR 10 billion (USD 164m/EUR 129m) to deliver power to remote villages through its solar grid, stand alone solar system and smart grid system.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.