The Centre has allotted Rs 1,000 crore for the development of Ultra Mega Solar Power Projects (UMPPs) and parks in the country.
Also, the government intends to construct Ultra Mega Solar Power Projects or high capacity plants in the states of Rajasthan, Gujarat, Tamil Nadu and Jammu & Kashmir (Ladakh). An amount of Rs 500 crore has been set aside for setting up Ultra Mega Solar Power Projects in the country.
Currently, the Power Ministry is developing coal-based UMPPs that have a capacity of 4,000 MW.
An amount of Rs 400 crore has been allocated for solar power-driven agricultural pump sets and water pumping stations for energising one lakh pumps for the new scheme that has been announced.
Apart from this, an additional Rs 100 crore is set aside for the development of one MW solar parks on the banks of canals.
Implementation of the Green Energy Corridor Project will be accelerated in FY15 to facilitate evacuation of renewable energy across the country. Green Energy Corridor Project is aimed at synchronising electricity produced from renewable sources, such as solar and wind, with conventional power stations in the grid.