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The Indian government reiterated its commitment to tender significant solar and wind capacity to meet the targets
of 100 GW of solar and 60 GW of wind capacity by March 31, 2022.
In a recent press release issued by the Ministry of New and Renewable Energy (MNRE), the government said it plans to tender 60 GW of solar capacity and 20 GW of wind capacity by March 2020 to achieve the above targets
.
According to data released by the ministry on October 31, 2018, the solar power capacity installed in India is just over 25 GW, while an additional 36.
6 GW is under construction or tender, bringing the total to 61.
6 GW
.
The ministry hopes to fill the gap
of about 40 GW through a new tender between January 2019 and March 2020.
This translates to an average monthly capacity tender of about 2.
7 GW
over the next 15 months.
In terms of wind energy capacity, the figure at October 31, 2018 was 35 GW, while the figure under construction or tender was 9.
4 GW, bringing the total to 44.
4 GW
.
The ministry plans or expects to conduct a new tender of 20 GW over a 15-month period through March 2020 to achieve its target of 60 GW of installed capacity, resulting in an average monthly tender volume of a manageable 1.
4 GW
.
This is not the first time the Indian government has issued a timeline for solar and wind tenders to meet its 2022 targets
.
MNRE did the same a year ago but failed to keep up with its own schedule
.
According to the initial timeline, the ministry plans to tender 13 to 14 GW of wind energy capacity
between January 2018 and March 2019.
In fact, only 6.
9 GW of capacity
was tendered between February and September 2018.
Solar Energy India, an agency directly controlled by MNRE, has had to scale back several wind tenders and even cancel or postpone some of them
.
Not only that, but India must also tender for 30 GW of solar power capacity between April 2018 and March 2019 and another 30 GW
between April 2019 and March 2020.
Now this 60 GW of capacity will be squeezed into the remaining 15 months (January 2019 to March 2020).
In the solar industry, SECI must also reduce the size of some of the tenders and drastically reduce the size of the huge tenders associated with the development of manufacturing facilities
.
The Indian government reiterated its commitment to tender significant solar and wind capacity to meet the targets
of 100 GW of solar and 60 GW of wind capacity by March 31, 2022.
In a recent press release issued by the Ministry of New and Renewable Energy (MNRE), the government said it plans to tender 60 GW of solar capacity and 20 GW of wind capacity by March 2020 to achieve the above targets
.
According to data released by the ministry on October 31, 2018, the solar power capacity installed in India is just over 25 GW, while an additional 36.
6 GW is under construction or tender, bringing the total to 61.
6 GW
.
The ministry hopes to fill the gap
of about 40 GW through a new tender between January 2019 and March 2020.
This translates to an average monthly capacity tender of about 2.
7 GW
over the next 15 months.
In terms of wind energy capacity, the figure at October 31, 2018 was 35 GW, while the figure under construction or tender was 9.
4 GW, bringing the total to 44.
4 GW
.
The ministry plans or expects to conduct a new tender of 20 GW over a 15-month period through March 2020 to achieve its target of 60 GW of installed capacity, resulting in an average monthly tender volume of a manageable 1.
4 GW
.
This is not the first time the Indian government has issued a timeline for solar and wind tenders to meet its 2022 targets
.
MNRE did the same a year ago but failed to keep up with its own schedule
.
According to the initial timeline, the ministry plans to tender 13 to 14 GW of wind energy capacity
between January 2018 and March 2019.
In fact, only 6.
9 GW of capacity
was tendered between February and September 2018.
Solar Energy India, an agency directly controlled by MNRE, has had to scale back several wind tenders and even cancel or postpone some of them
.
Not only that, but India must also tender for 30 GW of solar power capacity between April 2018 and March 2019 and another 30 GW
between April 2019 and March 2020.
Now this 60 GW of capacity will be squeezed into the remaining 15 months (January 2019 to March 2020).
In the solar industry, SECI must also reduce the size of some of the tenders and drastically reduce the size of the huge tenders associated with the development of manufacturing facilities
.
