Solar projects of 10.2 GW developed in solar parks
POWER & RENEWABLE ENERGY

Solar projects of 10.2 GW developed in solar parks

The Minister in charge of New & Renewable Energy and Power has communicated that the "Development of Solar Parks and Ultra Mega Solar Power Projects" initiative has received approval for a budget allocation of Rs. 8,100 Crores.

The scheme's duration has been extended until the fiscal year 2025-26, and this extension does not carry any additional financial burden. Therefore, no extra funds have been set aside for the scheme's continuation.

According to the Minister, the Government has given the green light to 50 Solar Parks, totalling a capacity of 37,990 MW, spread across 12 States in the country. Among these approved parks, 11 with a cumulative capacity of 8,521 MW have been successfully completed, and 7 others with a combined capacity of 3,985 MW are in various stages of completion. Within these parks, solar projects generating a total capacity of 10,237 MW have been established.

Furthermore, the Minister shared that the electricity generation capacity of the solar projects within the Solar Parks has seen a growth of 2,292 MW over the past three years, including the current year.

The land acquisition efforts for Solar Parks have resulted in approximately 69,000 hectares being secured so far. It's important to note that the responsibility for providing land for these Solar Parks lies with the respective State/Union Territory Governments. The Solar Park scheme places emphasis on utilizing waste or non-agricultural land for the development of these projects.

These details were provided by the Union Minister for New & Renewable Energy and Power, Shri R. K. Singh, in a written response to two queries presented in the Rajya Sabha on August 8, 2023.

The Minister in charge of New & Renewable Energy and Power has communicated that the Development of Solar Parks and Ultra Mega Solar Power Projects initiative has received approval for a budget allocation of Rs. 8,100 Crores.The scheme's duration has been extended until the fiscal year 2025-26, and this extension does not carry any additional financial burden. Therefore, no extra funds have been set aside for the scheme's continuation.According to the Minister, the Government has given the green light to 50 Solar Parks, totalling a capacity of 37,990 MW, spread across 12 States in the country. Among these approved parks, 11 with a cumulative capacity of 8,521 MW have been successfully completed, and 7 others with a combined capacity of 3,985 MW are in various stages of completion. Within these parks, solar projects generating a total capacity of 10,237 MW have been established.Furthermore, the Minister shared that the electricity generation capacity of the solar projects within the Solar Parks has seen a growth of 2,292 MW over the past three years, including the current year.The land acquisition efforts for Solar Parks have resulted in approximately 69,000 hectares being secured so far. It's important to note that the responsibility for providing land for these Solar Parks lies with the respective State/Union Territory Governments. The Solar Park scheme places emphasis on utilizing waste or non-agricultural land for the development of these projects.These details were provided by the Union Minister for New & Renewable Energy and Power, Shri R. K. Singh, in a written response to two queries presented in the Rajya Sabha on August 8, 2023.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement