Lok Sabha Question No. 1435 (UNSTARRED), answered on 2017-03-09
Subject: Solar Power Generation Potential
Ministry: NEW AND RENEWABLE ENERGY
Asked by: ABHISHEK SINGH

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA UNSTARRED  QUESTION NO. 1435

TO BE ANSWERED ON 09.03.2017

## SOLAR POWER GENERATION POTENTIAL

## 1435.   SHRI ABHISHEK SINGH:

Will the Minister of NEW & RENEWABLE ENERGY be pleased to state:

- (a) whether it is a fact that major portion of country's solar power generation potential is left unused as the country being a tropical country with sufficient amount of sunny days;
- (b) if so, the details thereof and the reasons therefor along with the steps taken by the Government to utilize the maximise ratio of solar power;
- (c) whether the Government is considering to formulate any national policy to develop indigenous solar po wer manufacturing in the country and if so, the details thereof; and
- (d) the investment received so far under 'make-in-India' scheme in new and renewable energy sector till January, 2017 and the efforts being made by the Government in this regard?

## ANSWER

THE MINISTER OF STATE FOR POWER, COAL, NEW & RENEWABLE ENERGY AND MINES (INDEPENDENT CHARGE) (SHRI PIYUSH GOYAL)

- (a) and (b): India  has  an  estimated  solar  power  potential  of    748  GW.  Against  this  potential,  a capacity of around 9.6 GW has been installed as on 28.2.2017.

In  order  to  utilise  the  maximum  solar  potential,  the  Government  has  set  a  target  of  100  GW  solar installation  by  2022  for  which  the  Government  has  launched  several  schemes  for  promotion  of  solar energy in the country to achieve the target. The Government is promoting solar energy through fiscal and promotional incentives such as capital subsidy, tax holiday on the earnings for 10 years, generation based incentive, accelerated depreciation, viability gap funding (VGF), financing solar rooftop systems as part of  home  loan,  concessional  excise  and  custom  duties,  preferential  tariff  for  power  generation  from renewables, and Foreign Direct Investment (FDI) up to 100 per cent under the automatic route etc.

- (c): Government  has  been  supporting  solar  manufacturing  by  way  of  various  mechanisms  such  as Modified  Special  Incentive  Package  Scheme  (M-SIPS)  of  Ministry  of  Electronics  &  Information Technology (MeitY).
- (d): Department  of  Industrial  Policy  and  Promotion  has  reported  that  FDI  is  not  maintained scheme/programme wise. However, the FDI equity  inflow received after the launch of 'Make in India' Scheme (upto December, 2016) in sector namely Non-Conventional Energy is as follows:

| Sector: Non-Conventional Energy   | Sector: Non-Conventional Energy   | Sector: Non-Conventional Energy   |
|-----------------------------------|-----------------------------------|-----------------------------------|
| Sl No                             | Year                              | FDI in US$ million                |
| 1                                 | 2014-15 (Oct-Mar)                 | 239.50                            |
| 2                                 | 2015-16                           | 776.51                            |
| 3                                 | 2016-17 (Apr-Dec)                 | 657.71                            |
|                                   | Grand Total                       | 1,673.72                          |

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