Government to Bid out 25 GW Solar Capacities in Ladakh

The government will come out with a single bid for setting up 25 GW of solar capacity in Ladakh, Power and New and Renewable Energy Minister Shri R K Singh has said, and asserted that renewable energy is a must for sustainable development. He also said that India will achieve the target of having 175 GW of renewable energy before 2022.

“I am going to come out with the huge bid in Ladakh which is highest solar potential area. I have got a survey done,” he said. “We have potential of 35 GW in Ladakh. So we will come out with single bid of 25 GW with storage and deliverable at Una,” Shri Singh said at CII’s Government and Business Partnership Conclave in New Delhi.

He further said that the government will come out with renewable bids with storage component. “We have come out with 10 GW solar bid with manufacturing component. We will come out with more such bids to make sure that manufacturing comes to India.” About 16 GW of renewables are at various stages of development and about 28 GW has been bid out. “It comes to 116 GW. We will achieve our target of having 175 GW before 2022. Renewable energy is the future. It is our responsibility to the planet.” Shri Singh also said that the government will bring tariff policy under which unscheduled load shedding will be penalized.

Source: energy.economictimes.indiatimes.com