Solar Companies: Time to make money in India
India solar power plans over-subscribed
By Krittivas Mukherjee
NEW DELHI | Tue Oct 12, 2010 3:21am EDT
NEW DELHI (Reuters) - India will begin rolling out hundreds of megawatts of solar power by December next year, ahead of an initial target for an ambitious plan that seeks to zoom production from near zero to 20 gigawatts by 2022.
Under its Solar Mission plan issued last year, India is to produce 1,300 megawatt (MW) of power by 2013, an additional supply of up to 10 gigawatt (GW) by 2017 and the rest by 2022 at an overall investment of about $70 billion.
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