Rajasthan surpass its 10 GW large-scale solar installations
POWER & RENEWABLE ENERGY

Rajasthan surpass its 10 GW large-scale solar installations

Rajasthan becomes the first state in India to exceed 10 GW of cumulative large-scale solar power installations with a total of 32.5 GW of installed power capacity, with renewable energy contributing 55%, thermal energy at 43%, and nuclear energy 2%.

Solar power accounts for around 36% of the power capacity mix and 64% of renewables.

Post pandemic, stalled projects were commissioned, and new projects were tendered in Rajasthan. The thermal contribution was the highest during the first quarter (Q1) of FY 2021-22, but renewable power rose through the other quarters.

Rajasthan has the highest solar irradiation levels in the country, with other favourable factors like land availability and minimal power curtailment issues. These factors have also encouraged other states, including Maharashtra, to develop projects in Rajasthan to procure power.

Other significant projects are developed by National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India (SECI), and the projects developed under the Rajasthan State Solar Policy.

Rajasthan has more than 16 GW of solar power projects under development.

SECI had awarded projects amounting to 11.6 GW, from which 6.2 GW are interstate transmission system (ISTS) projects.

The solar installations increased despite several projects getting stranded due to the Great Indian Bustard (GIB) issue.

In February 2022, the Ministry of New and Renewable Energy (MNRE) notified that all renewable energy projects, which are under implementation located in the potential territory of the GIB, have an extension of a 30-day extension on the scheduled date of commissioning following the Supreme Court (SC) judgment. It also includes projects whose commissioning is delayed due to non-completion of project transmission infrastructure.

Tehri Hydro Development Corporation (THDC) India Limited had signed a Letter of Intent (LoI) to develop 10 GW solar power projects through a 74:36 joint venture (JV) agreement with Rajasthan Renewable Energy Corporation Limited at Rs 100 billion.

In 2019, Rajasthan released its Solar Energy Policy 2019, which focuses on achieving 30 GW of solar power by the FY 2024-25. From the total, utility or grid-scale solar parks will account for 24 GW, distributed generation 4 GW, rooftop solar power, and solar pumps 1 GW each.

Image Source

 Also read: Rajasthan becomes top state with 7,737.95 MW solar installations

Rajasthan becomes the first state in India to exceed 10 GW of cumulative large-scale solar power installations with a total of 32.5 GW of installed power capacity, with renewable energy contributing 55%, thermal energy at 43%, and nuclear energy 2%. Solar power accounts for around 36% of the power capacity mix and 64% of renewables. Post pandemic, stalled projects were commissioned, and new projects were tendered in Rajasthan. The thermal contribution was the highest during the first quarter (Q1) of FY 2021-22, but renewable power rose through the other quarters. Rajasthan has the highest solar irradiation levels in the country, with other favourable factors like land availability and minimal power curtailment issues. These factors have also encouraged other states, including Maharashtra, to develop projects in Rajasthan to procure power. Other significant projects are developed by National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India (SECI), and the projects developed under the Rajasthan State Solar Policy. Rajasthan has more than 16 GW of solar power projects under development. SECI had awarded projects amounting to 11.6 GW, from which 6.2 GW are interstate transmission system (ISTS) projects. The solar installations increased despite several projects getting stranded due to the Great Indian Bustard (GIB) issue. In February 2022, the Ministry of New and Renewable Energy (MNRE) notified that all renewable energy projects, which are under implementation located in the potential territory of the GIB, have an extension of a 30-day extension on the scheduled date of commissioning following the Supreme Court (SC) judgment. It also includes projects whose commissioning is delayed due to non-completion of project transmission infrastructure. Tehri Hydro Development Corporation (THDC) India Limited had signed a Letter of Intent (LoI) to develop 10 GW solar power projects through a 74:36 joint venture (JV) agreement with Rajasthan Renewable Energy Corporation Limited at Rs 100 billion. In 2019, Rajasthan released its Solar Energy Policy 2019, which focuses on achieving 30 GW of solar power by the FY 2024-25. From the total, utility or grid-scale solar parks will account for 24 GW, distributed generation 4 GW, rooftop solar power, and solar pumps 1 GW each. Image Source Also read: Rajasthan becomes top state with 7,737.95 MW solar installations

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement