SOLAR PARKS
Individual projects of smaller capacity incur significant expenses in site development and delaying factors for the project such as;
- Drawing separate transmission lines to nearest substation,
- Procuring water
- In creation of other necessary infrastructure
- It also takes a long time for project developers to acquire land,
- Get change of land use
- Various permissions, etc.
To overcome these challenges, the scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects” was rolled out in December, 2014 with an objective to facilitate the solar project developers to set up projects in a plug and play model.
The scheme for “Development of Solar Parks and Ultra Mega Solar Power Projects” was rolled out by Ministry of New & Renewable Energy (MNRE) on 12-12-2014. Under this scheme, it was proposed to set up at least 25 Solar Parks and Ultra Mega Solar Power Projects targeting over 20,000 MW of solar power installed capacity within a span of 5 years starting from 2014-15.
The capacity of the Scheme has been enhanced from 20,000 MW to 40,000 MW vide Ministry’s order dated 21-03-2017. These parks are proposed to be set up by 2023-24.