The Cabinet has given its nod for the setting up of over 300 megawatts of grid connected and off grid solar power projects by defence establishments and paramilitary forces with a Viability Gap Fund (VGF) under the Jawaharlal Nehru National Solar Mission (JNNSM) in next five years.
Under the scheme, it will be mandatory that all photo voltaic cells and modules used in the solar plants set up are made in India.
It also gave approval to various amendments to the Electricity Act, 2003 to usher in much needed further reforms in the power sector.
The amendments will promote competition and efficiency in operations and improvement in quality of power supply in the country resulting in capacity addition and ultimate benefit to the consumers.