Solar Energy
As part of the National Action Plan on Climate Change, Indian government this has announced plans to install 20GW of solar generation capacity by 2020, 100GW by 2030 and 200GW by 2050.

The government has announced three types of incentives –
  • Feed-in-tariffs for 20 years with initial tariff of approximately Rs. 16-18/kWh for ground based systems and ~Rs.18-20/kWh for roof-top/BIPV systems. (~8% annual decline) and there is no official cap.
  • 10 year tax holiday.
  • Customs and excise duty exemptions on capital equipment and other critical materials.
  • Additionally, the government plans to introduce National Solar RPS - whereby states would be required to generate 1-3% of electricity from solar resources by 2017.
Solar Projects –Over view
In order to facilitate the creation of solar facilities, the following additional policies are expected to be introduced: 1) solar installations on government land, 2) state transmission utilities mandated to provide grid connectivity. The Mission also plans to explore the possibility of making rooftop solar installations a permanent feature of all new commercial buildings through appropriate incentive mechanisms in order to encourage adoption.

The Top Management of SLS have identified Solar Energy Generation as a key component of the group’s future growth plans. The group has appointed reputed consultants to enter solar power generation. They have applied for 30 Mw of licenses in the state of Rajastan.