Solar Energy Corpn seeks EOI for 20 GW solar PV unit

Solar Energy Corporation of India (SECI) has invited bids for allocation of project capacities, from prospective solar manufacturers who are willing to set up vertically integrated solar PV
manufacturing facility in India, including ingots, wafers, cells, and modules.

This is being viewed as a step ahead by the government in domestic manufacturing of solar equipment. An ET report said the document has been released to gauge the market’s interest in setting up 20 GW solar PV manufacturing facility in India in a span of three years.

The Ministry of New and Renewable Energy recently announced its roadmap for achieving 175 GW of installed renewable energy capacity by 2022, which would require setting up of solar power plants of 77 GW capacity by 2020, entailing an investment of Rs 3,50,000 crore.

“The 20 GW solar manufacturing tender was also a part of this roadmap. The government wants big chunk of raw materials and equipment to be used in the 77 GW capacity be made in India,” said the report.

Image Credit : img.etimg.com

News Reporter