(a) the quantum of solar energy being produced in the country at present along with its per unit cost, State-wise;
(b) the details of the quantum of solar energy targeted to be produced by the end of the year 2018-19; and
(c) the efforts made by the Government to provide easy credit for the production of solar energy?
THE MINISTER OF STATE FOR NEW & RENEWABLE ENERGY AND POWER (I/C)
(SHRI R.K. SINGH)
(a) to (c) A Statement is laid on the Table of the House.
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STATEMENT
STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO. 553 (13TH POSITION) FOR 05.04.2018 REGARDING PRODUCTION OF SOLAR ENERGY
(a): A total of 19.6 GW (19585 MW) grid connected solar power capacity has been installed in Country upto 28.02.2018. State-wise details are given in Annexure-I. The tariff of electricity is determined through transparent bidding process and those arrived at so far in the previous years are given in Annexure-II.
(b): A capacity of 19.6 GW has been installed upto 28.02.2018. Another 16 GW capacity has been targeted for 2018-19.
(c): As per the guidelines of Reserve Bank of India, Banks provide loans up to a limit of Rs. 15 crore to borrowers for the purposes of all renewable energy projects including solar energy under Priority sector. The loan limit for individual households is upto Rs. 10 lakh per borrower. A Non-banking Financial Institution namely Indian Renewable Energy Development Agency (IREDA) under the aegis of Ministry of New and Renewable Energy provides loan for Renewable Energy projects including solar energy projects. This apart, Foreign Direct Investment up to 100 per cent is permissible through automatic route for promotion of solar power generation in the country.
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