Firming up a national strategy to fight global warming, the Prime Minister's council on climate change today discussed an ambitious Rs 91,684 crore mega-plan proposing to make India a global leader in solar power in the next few decades.
The Solar Mission is one of the seven missions proposed under the National Action Plan on Climate Change which was unveiled by Prime Minister Manmohan Singh last year promising efforts to tackle climate change at the domestic level.
The council members are understood to have deliberated issues such paying a subsidy of Rs 82,000 crore to produce an ambitious 200,000 Mw of solar power by 2050.
Various fiscal incentives have been proposed under mission document to the manufacturers as well end-consumers to propagate solar plants and technology and to displace diesel generators and UPS and invertor system with solar-based systems, sources said.
As per the mission document, it plans to achieve parity with coal-based thermal power generation by 2030 after which expansion of solar-generated power, it hopes, would face no technical or cost constraints.