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Two Day Workshop on “Opportunities in the Indian Solar Sector”

Chandigarh, 21st February, 2016: Sh. Vijay Dev, IAS, Adviser to Administrator & Chairman, CREST led the Indian Solar delegation consisting of about 12 Experts from different fields like Policy Planners, Power Producers Financial Institutions etc in a two day workshop  in London, UK on 18th – 19th Feb,2016 on  Subject “Opportunities in the Indian Solar Sector”  organized by British High Commission . BHC with the support from UK Trade and Investment (UKTI) and PricewaterhouseCoopers (PwC) India is implementing a project titled “Facilitating India’s 100 GW Solar Scale-Up Plan” that aims to promote the participation of UK’s players in India’s solar market.  The project is being carried out in coordination with the concerned Indian Ministry i.e. Ministry of New & Renewable Energy.
On return, Sh. Vijay Dev, IAS informed over phone that it was a rare honour for Chandigarh that India’s solar delegation to UK was led by Adviser to Administrator as Chandigarh is leading solar city of the country. He informed that workshop was attended by more than 35 UK Investors and they were appreciative of India’s Solar development Programme in general and of Chandigarh Solar city development in particular. Sh. Vijay Dev, IAS made a small presentation about India’s Solar Dream and investment opportunity for investors. He also showed the Solar city Film of Chandigarh which was highly appreciated by all.  
Sh. Vijay Dev, IAS further exhorted that “Government of India has embarked upon a new journey of achieving 175 GW of Renewable Power capacity by 2022, out of which 100 GW is to be achieved through Solar Energy sector only.  Out of this, 100 GW Solar Power, 40 GW is to be achieved through Rooftop Solar Power Plant installations and 20 GW is expected to come from installations made in Solar Parks. To start this, the Government of India has already approved 34 Solar Parks across 22 different Indian States with combined capacity of 20 GW.
No doubt the target is ambitious and requires huge investment in the solar sector to the tune of around 60 Billion US $, and hence provide an ample opportunity to all investors to join this emerging solar sector for their future growth”. Few Investors from UK showed interest and informed that they would visit Chandigarh also when they visit India Next.
Sh. Amit Kumar, Adviser, PWC informed that the workshop ended on positive note and a detailed outcome shall be published later by BHC & PWC later.

          

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