12k MW Solar Power Project By PSUs Gets Cabinet Nod

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The scheme is expected to provide direct employment to around 60,000 persons for about one year in pre-commissioning activities/construction phase.

Recently the Union Cabinet has approved a project for setting up 12,000 MW grid-connected solar photo-voltaic (PV) power projects by government entities with viability gap funding (VGF) of Rs 8,580 crore. 

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The capacity will be set up under Central PSU Scheme Phase-ll over the next four years through 2022-23 at an estimated investment of Rs 48,000 crore. As per the report,the scheme envisages use of cells and modules manufactured domestically.

Expectations from the scheme
The scheme is expected to provide direct employment to around 60,000 persons for about one year in pre-commissioning activities/construction phase and around 18,000 persons for about 25 years in the operation and maintenance period. 

Besides, more than 1,20,000 additional employment opportunities for the local population.

The Cabinet also approved allocation of 85 per cent power to home state from two of NTPC’s projects.These projects are the Telangana Super Thermal Power Project and Patratu Thermal Power Station expansion having capacity of 4,000 MW each. 

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