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PwC hired as consultant for solar energy scale-up plan

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Press Trust of India New Delhi
Government today said PricewaterhouseCoopers has been engaged as a consultant for formulation of a plan to scale up solar energy in the country.

"PricewaterhouseCoopers (PwC) Pvt Ltd has been engaged as a consultant for formulation of solar energy scale up plan," Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.

The minister further said some of the work undertaken by PwC includes assessing the power scenario in the country and analysing the efficacy of ongoing initiatives by the Ministry of New and Renewable Energy (MNRE) as well as brining out a realistic demand projection and capacity addition plan.
 

PwC would also evaluate the likelihood of attainment of grid parity and analyse the robustness of existing evacuation system to handle planned capacity addition, gather feedback of relevant stakeholders and develop a holistic plan to achieve the objective.

He further said there is a proposal to scale up grid connected solar power projects from 20,000 megawatt (mw) to 1,00,000 mw by 2022 under National Solar Mission (NSM).

"The plan of auction to achieve the target is under preparation," the Minister said.

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First Published: Mar 16 2015 | 4:02 PM IST

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