India PV News Snippets: MNRE, Vikram Solar, IHS, PLI Scheme

MNRE Modifies 12 GW CPSU Scheme Phase-II & Extends Renewable Project Completion Deadline Due To COVID-19; Vikram Solar Energizes 85 MW Solar For NTPC; India On 6th Spot Of IHS Markit’s Renewables Investment Attractiveness List; PLI Scheme Expanded To Battery Storage

CPSU scheme amended: The Ministry of New and Renewable Energy (MNRE) has introduced amendments to the Central Public Sector Undertaking (CPSU) Scheme Phase-II under which it plans to procure 12 GW of grid connected solar PV capacity for self-consumption or for use by government entities (see India Details 12 GW CPSU Scheme Phase-II).

India To Develop 12 GW Solar PV With Local Modules

Indian Cabinet Approves INR 85.8 Billion ($1.2 Billion) VGF For 12 GW Grid Connected Solar Power Projects For Government Consumption Under CPSU Phase II Using Domestically Manufactured PV Cells & Modules

MNRE had proposed using locally manufactured solar products to set up 12 GW of solar power capacity through CPSUs as part of its plan to encourage the domestic manufacturing industry in December 2017. Now the cabinet has approved the proposal.

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