Lok Sabha Question No. 78 (STARRED), answered on 2017-07-20
Subject: Foreign Investment in Solar Power Generation Sector
Ministry: NEW AND RENEWABLE ENERGY
Asked by: RAMACHANDRAN MULLAPPALLY

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA

## STARRED QUESTION NO. 78

TO BE ANSWERED ON 20.07.2017

## FOREIGN INVESTMENT IN SOLAR POWER GENERATION SECTOR

## *78. SHRI MULLAPPALLY RAMACHANDRAN:

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

- (a) whether  the  Government  has  proposed  foreign  investment  in  solar  power  generation sector in the country;
- (b) if so, the details thereof;
- (c) whether  the  Government  is  planning  to  award  contracts  for  the  solar  projects  in  the country; and
- (d) if so, the details thereof?

## ANSWER

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

- (a) to (d): A Statement is laid on the Table of the House.

*******

## STATEMENT

## STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO. 78 FOR ANSWER ON 17.07.2017 REG. FOREIGN INVESTMENT IN SOLAR POWER GENERATION SECTOR

- (a)  &  (b):  Foreign  Direct  Investment  (FDI)  up  to  100  per  cent  is  permissible  through automatic route for promotion of renewable energy in the country. FDI equity inflow upto May,  2017  received  in  the  Non-Conventional  Energy  sector,  which  includes  foreign investment in solar power is given at Annexure-I.
- (c) & (d): The  Government  has  set  a  target  of  reaching  100  GW  Grid  connected solar capacity by 2022. Year-wise targets for solar power capacity installation are given below:

| Year/Category   | Rooftop Solar (in MW)   | Large Scale Solar Power Projects(in MW)   | Total          |
|-----------------|-------------------------|-------------------------------------------|----------------|
| 2015-16         | 200                     | 1,800                                     | 2,000          |
| 2016-17         | 4,800                   | 7,200                                     | 12,000         |
|                 | 5,000                   | 10,000                                    | 2017-18 15,000 |
| 2018-19         | 6,000                   | 10,000                                    | 16,000         |
| 2019-20         | 7,000                   | 10,000                                    | 17,000         |
| 2020-21         | 8,000                   | 9,500                                     | 17,500         |
| 2021-22         | 9,000                   | 8,500                                     | 17,500         |
| Total           | 40,000                  | 57,000                                    | 97,000*        |

Projects are taken up by Public Sector Undertakings e.g. Solar Energy Corporation of India, National Thermal Power  Company  Ltd., Coal India Ltd. etc. and State Governments. The status of tenders is given at Annexure-II.

ANNEXURE-I  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  &  (b)  OF  LOK  SABHA STARRED  QUESTION  NO.  78  FOR  ANSWER  ON  20.07.2017  REG.  FOREIGN INVESTMENT IN SOLAR POWER GENERATION SECTOR

## FINANCIAL YEAR WISE FDI EQUITY INFLOWS FROM APRIL 2000 TO MAY 2017 Sector NON-CONVENTIONAL ENERGY

| Sl No   | Year (Apr-Mar)             | FDI in US$ million   |
|---------|----------------------------|----------------------|
| 1       | 2000-01                    | 0.00                 |
| 2       | 2001-02                    | 0.00                 |
| 3       | 2002-03                    | 1.70                 |
| 4       | 2003-04                    | 4.14                 |
| 5       | 2004-05                    | 1.27                 |
| 6       | 2005-06                    | 1.35                 |
| 7       | 2006-07                    | 2.44                 |
| 8       | 2007-08                    | 58.82                |
| 9       | 2008-09                    | 125.88               |
| 10      | 2009-10                    | 622.52               |
| 11      | 2010-11                    | 214.40               |
| 12      | 2011-12                    | 452.17               |
| 13      | 2012-13                    | 1,106.52             |
| 14      | 2013-14                    | 414.25               |
| 15      | 2014-15                    | 615.95               |
| 16      | 2015-16                    | 776.51               |
| 17      | 2016-17                    | 783.57               |
| 18      | 2017-18 (Apr to May- 2017) | 412.41               |
|         | Grand Total                | 5,593.91             |

## ANNEXURE-II REFERRED TO IN REPLY TO PARTS (c) & (d) OF LOK SABHA STARRED QUESTION NO. 78 FOR ANSWER ON 20.07.2017 REG. FOREIGN INVESTMENT IN SOLAR POWER GENERATION SECTOR

## STATUS OF TENDERS FOR NEW SOLAR PROJECTS

| SI. No .                                               | Organisa tion                                          | Schem e                                                | Tender issued                                          | Financial bid opened/RA                                | LOI issued                                             | PPA signed                                             | Commi ssione d                                         |   PPA signed but not commis sioned |
|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|--------------------------------------------------------|------------------------------------|
| 1                                                      | SECI                                                   | VGF Scheme                                             | 5860                                                   | 4015                                                   | 3265                                                   | 3265                                                   | 80                                                     |                               3185 |
| 2                                                      | Other CPSUs                                            |                                                        | 1071                                                   | 1005                                                   | 699                                                    | 699                                                    | 74                                                     |                                625 |
| 3                                                      | Canal Bank/Top                                         |                                                        | 100                                                    | 100                                                    | 90                                                     | 90                                                     | 16                                                     |                                 74 |
| 4                                                      | NTPC Ltd                                               | Bundlin g scheme                                       | 3000                                                   | 2750                                                   | 2750                                                   | 2750                                                   | 1190                                                   |                               1560 |
| 5                                                      | NTPC Ltd                                               | Own/EP C                                               | 1785                                                   | 1510                                                   | 760                                                    | 760                                                    | 510                                                    |                                250 |
| 6                                                      | State Entity                                           | State scheme                                           | 11129                                                  | 8976                                                   | 8476                                                   | 7288                                                   | 2934                                                   |                               4354 |
|                                                        | Total                                                  |                                                        | 22945                                                  | 18356                                                  | 16040                                                  | 14852                                                  | 4804                                                   |                              10048 |
| Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done | Tender issued but Financial bid not opened/RA not done |                               4589 |
| Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       | Financial Bid opened/RA done but LOI not issued:       |                               2315 |
| LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         | LOI issued but PPA not Signed:                         |                               1188 |
| PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        | PPA signed but not commissioned                        |                              10048 |