Indian Solar Photo Voltaic (PV) projects are expanding with tremendous business opportunities. The Government has received 17 project proposals worth Rs 1,57,000 crore under the special incentive package scheme (SIPS). The Government has already given clearance to 12 PV applicants including Titan Energy Systems, Reliance Industries, Tata BP Solar Power, and PV Technologies India (a subsidiary of Moser Baer). Together these projects involve an investment of Rs 76,500 crore over a 10-year period.
Other PV projects that have been given the technical green signal are KSK Surya PV Ventures; Signet Solar, Indo-Solar Ltd (formerly Phoenix Solar India); Solar Semiconductors, TF SolarPower, Lanco Solar Pvt Ltd, EPV Solar and Bhaskar Silicon.
12 applicants who recently received in-principle nod for PV projects filed under special incentive package scheme (SIPS) are asked to complete their financial closure by August 31.
The release of funds under the SIPS will happen once the companies have incurred threshold expenditure on projects (Rs 2,500 crore for fab units, and Rs 1,000 crore for eco-system units including PV).
Source: Business Line
Our specialty focus areas include 
In case you are interested in knowing how to tap solar power for your home or factory, visit Solar Mango that provides comprehensive details on how to use solar for decentralised power generation from rooftops, provides details on the cost of generating solar power from rooftops, and also details such as warranties and certifications that come with a rooftop solar power system
You might also be interested in the following posts:
Pioneering Solar PV Power Plants in India
Trina Solar Plans Indian Solar PV, Focus on BIPV
State Specific Solar PV Schemes
Thin Film Based Solar PV Power Plant – Pros and Cons
Monitoring Systems for Solar PV Power Plants
