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NEW & RENEWABLE ENERGY

Government Promotes Power Projects in Private Sector

New Delhi: December 14,2012

The Minister of New and Renewable Energy, Dr. Farooq Abdullah informed Lok Sabha today that the benchmark capital cost per MW of installed capacity as worked out by CERC for tariff determination for FY2012-13 is Rs.10 cr./ MW in case of solar PV power plants and Rs.13 cr./ MW in case of solar thermal power plants.

 

The Government engages in general dialogue with foreign governments from time to time to explore various avenues for cooperation in renewable energy sector including solar. However, it is not in consultation with any foreign government for setting up of specific projects for production of solar power.

 

The Government of India is not entering into partnerships with private firms directly but company to company partnerships are taking place.

 
PIB Release/DL/1273

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