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India Solar Mission-II projects to have 75% local content

According to reports, the Government has decided that 75 per cent of 750 MW solar projects, to be offered under the second phase of Jawaharlal Nehru National Solar Mission, will be built with local content.

This has put to rest all uncertainties pertaining to the use of local content in the Mission because of US pressure.

“We want to encourage domestic industry also. The bidding would start in the coming month,” said Farooq Abdullah, Ministry of New & Renewable Energy (MNRE).

The US has dragged India to the World Trade Organisation (WTO) over mandating of domestic sourcing in the first phase of the Mission.

Solairedirect Energy India Private Ltd, the subsidiary of Paris-based Solairedirect Group, on Wednesday announced the commissioning of its 5-MW solar park in Rajasthan.

This is the first project of the European company in India.

“We have bid under Punjab policy for 20 MW. The bids are likely to open on Friday and we expect our bid to be competitive,” said Gaurav Sood, Managing Director for the Indian unit.

“We are also looking to sign power purchase agreements with private developers,” Sood told mediapersons.

The company bagged the Rajasthan project under Jawaharlal Nehru National Solar Mission in December 2011 at Rs 7.49 per kWh.

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