Bloomberg News

India to Build 400 Megawatts of Solar, Two-Thirds Less Than Plan

January 03, 2012

Dec. 30 (Bloomberg) -- India will complete 400 megawatts of solar power connected to the grid this fiscal year, two-thirds less than previously forecast by state and central governments.

India has so far built 180 megawatts during the year ending March 31, the Ministry of New and Renewable Energy said in an e- mailed statement today.

Gujarat had planned to build more than 900 megawatts during the fiscal year as part of a regional solar program, according to documents obtained from the state government. In addition, the central government’s Solar Mission had a forecast of 302 megawatts, according to a list of plans from the ministry.

The mission involved 150 megawatts of operations awarded by auction, 98 megawatts of rooftop developments and 54 megawatts of capacity under a program to consolidate state-level projects.

India’s renewable energy capacity has grown 20 percent in 2011 to 22,447 megawatts, according to the statement. Wind farms made up most of the increase, adding a total of 2,827 megawatts.

--Editors: Tony Barrett, Amanda Jordan

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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