With an aim to generate renewable energy, Government has plans to set up ultra mega solar power projects in Rajasthan, Gujarat, Madhya Pradesh and Jammu and Kashmir.
Minister of State for Renewable Energy Piyush Goyal told Lok Sabha that the government is promoting generation of renewable energy by providing various fiscal and financial incentives such as capital and interest subsidy, concessional excise and customs duties to encourage Indian and foreign investors to invest in new renewable energy sector.
“Ultra mega solar power projects have been planned in Rajasthan, Gujarat, Madhya Pradesh and Jammu and Kashmir. The capacity will depend upon availability of land. On an average 1 MW of solar photovoltaic power project generates about 1.6 million units of electricity per annum,” he said during Question Hour.
The Minister said an amount of Rs 147.88 crore has been sanctioned for installation of 19,449 solar pumps under Jawaharlal Nehru National Solar Mission and so far 11,626 pumps have been installed in the country.
Goyal said the government has provided Rs 400 crore for installation of one lakh solar water pumping systems for irrigation and drinking water purposes in 2014-15 budget.
The Minister said the government has plans to set up solar parks in Jammu and Kashmir and West Bengal and was waiting for the state governments’ help to get lands.
“We are also considering to set up green energy corridor to transport solar power from one state to other,” he said.