Don’t miss the latest developments in business and finance.

Inter-ministerial panel for greater clarity in solar policy

Image
Press Trust of India New Delhi
Last Updated : May 20 2013 | 10:55 PM IST
In the wake of allegations of guideline violation in contract allocations in the national solar mission, an inter-ministerial committee has suggested a number of recommendations for bringing greater clarity in the policy.
The New and Renewable Energy Ministry had appointed the inter-ministerial committee to enquire into the allegations after a media report last year alleged violation of guidelines in the 1,000 MW solar power project scheme of the Jawaharlal Nehru National Solar Mission (JNNSM).
The panel has made several suggestions such as refining of the guidelines so as to bring in greater clarity regarding definitions of 'net worth' and 'control', the ministry said in a release.
It also recommended more specificity in guidelines regarding selection of EPC contractors besides physical verification of the addresses of the companies and more stringent and specific penalty provisions in case of violation of any clause of the guidelines, the release said.
The ministry said these suggestions and recommendations have been duly noted for incorporation in guidelines for future biddings for projects to be allocated under JNNSM.
The Committee report and its recommendations are currently under examination by the government, the Ministry added.
Under the National Solar Mission, the government plans to produce at least 20,000 MW solar power in the country by the year 2022.

Also Read

First Published: May 20 2013 | 10:55 PM IST

Next Story