Indian government has allotted solar power projects through open competitive bidding in which private sector has got several projects.
So far, 149 nos. of private sector solar power projects with an aggregate 1110 MW capacity (139 nos./610 MW based on Solar PV technology and 10 nos./ 500 MW based on Solar Thermal technology) have been selected under different schemes of JNNSM Phase-1.
Most of the 139 nos. SPV projects have been set-up within the stipulated completion schedule/ allowed extended period of 6 months with payment of penalties, except 12 projects of 26 MW aggregate capacity (8 nos./10 MW under RPSSGP, 2 nos./ 6 MW-Migration, 2no./10 MW under Batch -I) due to different reasons, mainly the inability of developers to arrange financial closure and their poor project management capabilities.
With regard to Solar Thermal projects under migration scheme, two projects of 20 MW aggregate capacity did not get completed within the approved schedule and have been cancelled, while the third project was commissioned partly much before schedule and the developer has not shown interest in commissioning the balance capacity. The remaining Solar Thermal projects that were selected under Batch-I still have time for completion till May 2013 (without payment of penalties) and are in progress.