The Jawaharlal Nehru National Solar Mission aims at development and deployment of solar energy technologies in the country to achieve parity with grid power tariff by 2022. The National Solar Mission is a major initiative of the Government of India and State Governments to promote ecologically sustainable growth while addressing India’s energy security challenge. It will also constitute a major contribution by India to the global effort to meet the challenges of climate change. The objective of the National Solar Mission is to establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country as quickly as possible. The aim would be to protect Government from subsidy exposure in case expected cost reduction does not materialize or is more rapid than expected. The immediate aim of the Mission is to focus on setting up an enabling environment for solar technology penetration in the country both at a centralized and decentralized level.
The main features of the National Solar Mission are:
1. Make India a global leader in solar energy and the mission envisages an installed solar generation capacity of 20,000 MW by 2022, 1,00,000 MW by 2030 and of 2,00,000 MW by 2050.
2. The total expected investment required for the 30-year period will run is from Rs. 85,000 crore to Rs. 105,000 crore.
3. Between 2017 and 2020, the target is to achieve tariff parity with conventional grid power and achieve an installed capacity of 20 gigawatts (Gw) by 2020.
4. 4-5GW of installed solar manufacturing capacity by 2017.