NEW DELHI: The government plans to seek bids globally for 20 GW of solar generation capacity by companies ready to set up manufacturing facilities in India.
"Twenty GW will be auctioned with condition that only those companies can participate that will set up manufacturing here," RK Singh, minister of power and new and renewable energy, said at a conference on Friday.
"We have some aspirations... We want manufacturing in solar and when the fastest-growing installation is happening in India, there is no reason to import from other countries... so we are going to encourage manufacturing here," the minister added.
The government plans to install 175 GW of renewable energy by 2022. While the government is confident of surpassing the target 'comfortably,' it is exploring ways to add incremental capacity through floating solar, solar manufacturing and offshore wind projects, among other measures.
"We are trying to test the market at present. The ministry will soon float an expression of interest, which would mean that any person who is willing to set up manufacturing facilities in India can set up a capacity of 20 GW here," Anand Kumar, secretary in the ministry of new and renewable energy, told reporters.
"We are linking manufacturing of solar with developers." The government has not considered incentivising domestic manufacturers as the tender itself will create demand for solar equipment in the country.
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