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SECI to oversee proposed 750MW solar power projects in India

Solar Energy Corporation of India will look after future projects under phase II of Jawaharlal Nehru National Solar Mission

Jawaharlal Nehru National Solar Mission (JNNSM)
The Indian Government has allowed around 1600MW of solar power projects under the first phase of the JNNSM.

The Solar Energy Corporation of India (SECI) along with NTPC Vidyut Vyapar Nigam will look after the implementation of the proposed 750MW solar power projects under Batch-I, Phase-II, of Jawaharlal Nehru National Solar Mission (JNNSM).

SECI is seeking licence from the Central Electricity Regulatory Commission (CERC) to trade solar power. The former is expected to buy solar power generated from the projects at a fixed-level tariff of INR 5.45 (USD 0.086) per kWh for a period of 25 years.

SECI managing director Rajendra Nimje, said: "We see huge potential in solar power production in the coming years. We have applied for license with the CERC. It is under process and expected to be in final stages within two months."

Nimje added that the PSU is authorised to sell the solar power generated by the 750MW power projects.

The Government has allowed around 1600MW solar power projects under the first phase of the JNNSM. It has set a target, among others, for deployment of grid connected solar power capacity of 20,000MW by 2022 to be achieved in three phases.

India's Ministry of New and Renewable Energy set a target in September this year to generate 10,000MW in India through solar energy by 2017.