more-inThe Cabinet has approved the doubling of solar park capacity to 40,000 MW, which will entail an additional 50 solar parks to be set up at a cost to the government of ₹8,100 crore, Minister of New and Renewable Energy Piyush Goyal said on Wednesday. Mr. Goyal added that while most of the additional 50 solar parks, to be commissioned by 2019-20, will be 50 MW of capacity, the Centre is also considering smaller parks in Himalayan and other hilly states where contiguous land is difficult to acquire. “The solar parks and ultra mega solar power projects will be set up by 2019-20 with Central Government financial support of ₹8,100 crore,” according to a government statement. Nepal hydro projectThe Cabinet also approved a ₹5723.72 crore investment for the Arun-3 900 MW hydroelectric plant in Nepal. The project, located on the Arun river, is expected to provide any surplus power not used by Nepal to India.

Source: The Hindu February 22, 2017 17:06 UTC