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3019 MW of Solar Energy Capacity Added in 2015-16

3019 MW of Solar Energy Capacity Added in 2015-16

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A total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, in a written reply to a question in Lok Sabha recently.

The registered increase is as follows:

Year Capacity added during the year

(MW)

Cumulative capacity

(MW) 

Upto 2010 11 MW
2010-11 25 MW 36 MW
2011-12 994 MW 1030 MW
2012-13 656 MW 1686 MW
2013-14 945.9 MW 2631.9 MW
2014-15 1112.07 MW 3743.97 MW
2015-16 3018.883 MW 6762.853 MW
2016-17 1964.76 MW 8727.61 MW

(As on 31.10.2016)

Shri Goyal further said that the World Bank has recently approved a total amount of US $ 625 million consisting of World Bank loan of US $500 million, Clean Technology Fund (CTF) loan of US $120 million and a CTF Grant of US $ 5 million for Grid-connected Rooftop Solar Programme. The Ministry of New and Renewable Energy (MNRE) has also submitted a proposal to Ministry of Finance for the World Bank Financing of US $200 Million for Internal Infrastructure development of Solar Parks.

The Minister informed that an agreement for the Rooftop loan was signed between the World Bank and the State Bank of India (SBI) on 30th June, 2016. Under this agreement, the World Bank loan is taken by the SBI. Thereafter, SBI provides loan through its branches for installation of rooftop solar systems.

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Anand Gupta Editor - EQ Int'l Media Network

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