Indian state utility NTPC given green light for 15 GW solar plan


India’s union cabinet approved on Wednesday a proposal from state utility NTPC Ltd to develop 15 GW of grid-connected solar PV projects in the country.

The proposal will be completed in three tranches under the country’s National Solar Mission, with NTPC first developing a 3 GW project under Tranche-1, which, as part of Batch-II, Phase-II of the National Solar Mission, will be bundled with unallocated thermal power (at 1.5 GW) at a ratio of 2:1.

The second tranche will be a 5 GW project, for which the government is yet to decide how it will support the solar rollout, while the third and final tranche – 7 GW of grid-connected PV – will receive no financial support from the government.

Under the first tranche, 1 GW of the proposed 3 GW rollout will be developed on land already identified in Andhra Pradesh, with the remaining 2 GW of solar capacity available to any states that come forward with an interest in developing project.

Total investment in Tranche-1 is expected to top Rs. 18,000 crore ($290 million), which will be met in full by the – mainly private – project developers involved in the scheme. There will also be a portion of that total set aside to ensure bankability of PPAs and timely payment to developers, with support from the government.

Of the 15 GW total, a percentage of the components required will be domestically manufactured, including solar cells and modules, as part of the government’s pledge to support more of India’s homegrown solar companies.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.