The Ministry of New and Renewable Energy today released the Draft Policy of Phase II of Jawaharlal Nehru National Solar Mission.
The Policy says that Phase-II will be used to build on the achievements of phase-I to ensure continued success of National Solar Mission; with the thrust on large scale solar projects.
Phase-II is targeting to bring cumulative solar capacity to 10 GW by 2017. Central Government shall provide the required support for development of solar projects and unlike Phase-I, Phase-II is not entirely dependent on bundling scheme to bring the costs down. Implementation of Phase-II will have to be reply upon combination of various schemes like Generation Based Incentive (GBI), Viability Gap Funding (VGF) and Bundling schemes. Witnessing steep fall in tariff discovered under phase-I, Phase-II is expected to achieve new heights of success while achieving the grid parity before 2017.
Objectives for promotion of Grid Connected Solar Power during phase-II are as under:
- To achieve Grid Parity at the earliest
- To facilitate meeting of Solar RPO targets in line with Tariff Policy
- To facilitate increased connectivity & grid access for solar projects
- To encourage Solar park cluster development
- To promote technology agnostic approach
- To develop domestic technology development capability
- To Encourage large scale deployment of Grid connected rooftop solar
- To encourage Captive and Third party sale of solar power to meet power shortages in Industry
- To Encourage local Manufacturing and
- To support focused Rq&D initiatives
- Development of REC market
- Development of Storage Systems
I will take sometime to go through the entire document and analyse it….till then here is the link to the document: