National Solar Mission to target cost reduction

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During a workshop organised by the Confederation of Indian Industry (CII) in association with TUV Rheinland, on the topic, ‘Setting up a Grid Connected Solar PV Power Plant,’ B Bhargava, director, MNRE, Government of India, said, “Capacity addition targets and policy instruments under the National Solar Mission have been structured to capitalise on and to push for aggressive cost reduction in solar energy systems in the coming years.” He also emphasised that the solar mission cannot succeed unless all the involved stakeholders succeed in making solar energy based power generation as their long term priority.

Debashish Majumdar, chairman and managing director, IREDA, also stressed that the solar mission aims are revolutionary and would lead to a huge amount of churning and the generation of myriad opportunities for the stakeholders in the sector. However, to capitalise on these opportunities, information and knowledge are required.

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