The MNRE year-end review issued a little over a week ago revealed that as of 31st October this year, India’s total installed solar PV capacity stood at 24.33 GW. A little more than 75 GW from the highly ambitious 100 GW by 2022 target set by the government. While the MNRE has listed a very bold one-step path to achieving that target by tendering close to 60 GW of solar projects in the next two financial years of 2019 and 2020 with a two-year development deadline, we all know that plans are nothing,panning is everything. That makes the NSEFI wishlist interesting.
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As we can see, the list presents a step-wise process of achieving the renewables target set by the government, while also incorporating cleaner transportation and a more economically stable and sustainable solar sector in the country. More importantly, logically, none of the wish list items are really tough, unless someone makes it so. However, with 4 years left to reach the 100 GW target, it will be hard to see the government (with elections on the horizon now) take immediate action on most of these items, though a return to power would certainly lead to a greater focus.
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