Lok Sabha Question No. 2998 (UNSTARRED), answered on 2020-03-12
Subject: Setting up of Solar PV Power Plants
Ministry: NEW AND RENEWABLE ENERGY
Asked by: Ritesh Pandey

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA UNSTARRED QUESTION NO. 2998

TO BE ANSWERED ON 12.03.2020

## SETTING UP OF SOLAR PV POWER PLANTS

2998. SHRI RITESH PANDEY

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

- (a)  whether  the  Government  has  proposed  to  set  up  solar  PV  power  plants  by  Government Producers and if so, the details thereof;
- (b) the details of financial assistance provided to the companies under the said programme by the Government, company-wise;
- (c) whether there are any Power Purchase Agreements also involved in manufacturing of solar PV power plants and if so, the details of such companies; and
- (d) the details of financial share between both the private and public companies to undertake the said project?

## ANSWER

THE MINISTER OF STATE (I/C) FOR NEW & RENEWABLE ENERGY, POWER and MoS for  SKILL DEVELOPMENT AND ENTREPRENEURSHIP

(SHRI R.K. SINGH)

- (a)  &  (b)  The  Government,  through  Ministry  of  New  &  Renewable  Energy  (MNRE),  is implementing  CPSU Scheme Phase-II Scheme (Government Producer Scheme)  for setting  up grid-connected Solar Photovoltaic (PV) Power Projects through Central Public Sector Undertakings  (CPSUs)/  State  PSUs/  Government  Organisations,  with  Viability  Gap  Funding (VGF)  support,  for  self-use  or  use  by  Government/  Government  entities,  either  directly  or through Distribution Companies (DISCOMS).

The  details  of  financial  assistance  (VGF)  for  which  the  successful  bidders  (Government Producers) are eligible under CPSU Scheme Phase-II, are given at Annexure-I. Under CPSU Scheme Phase-II, till date, MNRE has released Rs. 319 crore to SECI (including SECI's charges at 1% of VGF).

- (c) & (d) The Solar Energy Corporation of India, a Central Public Sector Enterprise under the administrative  control  of  Ministry  of  New  &  Renewable  Energy  (MNRE),  has  recently concluded  bidding  for  a  manufacturing  linked  Solar  PV  Power  tender.  The  names  of  the  two successful bidders, both private companies, under the said tender are (i) M/s Azure Power India Pvt. Limited; and (ii) M/s Adani Green Energy Four Limited.

*****

Annexure-I referred to in reply to parts (a) & (b) of Lok Sabha Unstarred Question No. 2998 for reply on 12.03.2020

Details  of  financial  assistance  (VGF)  for  which  the  successful  bidders  (Government  Producers) are eligible under CPSU Scheme Phase-II

## Tranche-I:

|   Sl. No. | Bidder's Name                            | VGF per MW, quoted by the bidder/ Govt. Producer (INR)   | Allotted Solar PV Project Capacity (MW)   | Total VGF eligible for the project (INR)   | VGF amount released by MNRE to SECI till 29.02.2020   |
|-----------|------------------------------------------|----------------------------------------------------------|-------------------------------------------|--------------------------------------------|-------------------------------------------------------|
|         1 | NHDC Ltd.                                | 55,00,000                                                | 25                                        | 13,75,00,000                               | 6,87,50,000                                           |
|         2 | The Singareni Collieries Company Limited | 60,00,000                                                | 90                                        | 54,00,00,000                               | 27,00,00,000                                          |
|         3 | Assam Power Distribution Company Limited | 68,00,000                                                | 30                                        | 20,40,00,000                               | 10,20,00,000                                          |
|         4 | Delhi Metro Rail Corporation Limited     | 69,75,000                                                | 3                                         | 2,09,25,000                                | 1,04,62,500                                           |
|         5 | Nalanda University                       | 69,95,555                                                | 5                                         | 3,49,77,775                                | 1,74,88,888                                           |
|         6 | NTPC Limited                             | 70,00,000                                                | 769                                       | 538,30,00,000                              | 269,15,00,000                                         |
|         7 | Total                                    | Total                                                    | 922                                       | 632,04,02,775                              | 316,02,01,388                                         |
|         8 | SECI's charges at 1% of VGF              | SECI's charges at 1% of VGF                              | SECI's charges at 1% of VGF               | SECI's charges at 1% of VGF                | 3,16,02,014                                           |
|         9 | Total funds released by MNRE to SECI     | Total funds released by MNRE to SECI                     | Total funds released by MNRE to SECI      | Total funds released by MNRE to SECI       | 319,18,03,402                                         |

## Tranche-II:

| Sl. No.   | Bidder's Name                            | VGF per MW, quoted by the bidder/ Govt. Producer (INR)   |   Allotted Solar PV Project Capacity (MW) | Total VGF eligible for the project (INR)   |   VGF amount released by MNRE to SECI till 29.02.2020 |
|-----------|------------------------------------------|----------------------------------------------------------|-------------------------------------------|--------------------------------------------|-------------------------------------------------------|
| 1         | The Singareni Collieries Company Limited | 68,00,000                                                |                                        81 | 55,08,00,000                               |                                                     0 |
| 2         | Indore Municipal Corporation             | 68,80,000                                                |                                       100 | 68,80,00,000                               |                                                     0 |
| 3         | NTPC Limited                             | 70,00,000                                                |                                       923 | 646,10,00,000                              |                                                     0 |
|           | Total                                    | Total                                                    |                                      1104 | 769,98,00,000                              |                                                     0 |