Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) have signed an agreement with the Government of Rajasthan to set up two mega 5,000 MW renewable energy parks, Hindu Businessline.
The move will provide a major boost towards the manifestation of Prime Minister (PM) Narendra Modi's ambitious goal to establish 175 GW renewable energy capacity in the country by the year 2022.
The development marks the first phase of the 25,000 MW Ultra Mega renewable energy park which has been proposed to be set up in Jaisalmer of Rajasthan State.
Furthering India's stride towards becoming a global renewable energy juggernaut, the Ministry of New and Renewable Energy (MNRE) has also finalised the contours for setting up a similar Ultra Mega park with a capacity of 25,000 MW in Gujarat's Khavada.
In addition to these, MNRE has also issued the guidelines for the complete solarisation of the sun town of Modhera in the Gujarat State with an investment of about Rs 65 crore, of which half would be contributed by the MNRE as Centre's financial assistance, while the rest would be invested by the State Government.