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Plans to Scale up Solar Energy by PwC Consultants

By cr-team



Underlining government’s push for Solar energy, Power Minister, Piyush Goyal, informed the upper house on Monday that PricewaterhouseCoopers (PwC) has been engaged as a consultant to formulate plan to scale up solar energy usage in the country. PwC is spreading it wings yet in very new and dynamic sector.

In a written reply to the Rajya Sabha, the minister informed the house that the company will assess demand projection and capacity addition requirements over the next few years. In addition, PwC will look at grid connectivity of the solar projects and the distribution mechanisms. Currently, the plan of action is underway and is expected to be completed soon.

“PwC will also evaluate the likelihood of attainment of grid parity and analyze the robustness of existing evacuation system to handle planned capacity addition, gather feedback of relevant stakeholders and develop a holistic plan to achieve the objective,” said the Minister. He further adds that under National Solar Mission (NSM) there is a proposal to scale up grid connected solar power projects from 20,000 megawatt (mw) to 1,00,000 mw by 2022.

PWC is expected to analyze the efficacy of the ongoing initiatives by the Ministry of New and Renewable Energy (MNRE) in bringing out realistic demand and capacity expansion plans.

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