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Government implements schemes to set up 50 Solar Parks of aggregate capacity 40,000 MW in the country – EQ Mag Pro

Government implements schemes to set up 50 Solar Parks of aggregate capacity 40,000 MW in the country – EQ Mag Pro

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The Government is implementing a scheme for setting up of 50 Solar Parks of aggregate capacity 40,000 MW in the country. These parks are meant to provide developed infrastructure to facilitate installation of solar power projects.

Central Financial Assistance of up to Rs. 25 Lakhs for preparation of Detailed Project Report and Rs. 20 Lakhs per MW or 30% of the project cost, whichever is lower, is provided for development of such Parks under the scheme.

This information was given by Shri R.K Singh, Union Minister for Power and MNRE in a written reply in Lok Sabha today.

Anand Gupta Editor - EQ Int'l Media Network