India to double solar park capacity to 40 GW by 2020

CCEA approves investment proposal for 900 MW Arun-3 hydro project in Nepal

The Union Cabinet Committee of Economic Affairs (CCEA) on Wednesday approved enhancing the capacity of solar park power projects to 40 GW by 2020. A total of 50 solar parks would be set up to meet the new target. Earlier the target was to set up 33 solar parks with a total capacity of 20 GW. The government aims to add 175 GW of solar capacity during same period.

Solar Energy Corporation of India (SECI), a subsidiary of ministry of new and renewable energy (MNRE) would execute the projects along with the respective state governments. Land identification and selecting solar power