India has just signed an agreement to build 200 megawatts of solar power in the state of Assam, the country’s most populous state, the state government said Monday.
The deal, signed on Monday, will be followed by another 50 megawatts over three years, and 100 megawatts in the next five years.
The solar power is part of a package of energy-efficiency measures introduced by the government to boost the nation’s economy, and the solar power will be installed in residential and commercial buildings, said Assam’s environment minister Ashish Chaturvedi.
Chaturvedia said the new solar power plants will be in the form of small power stations, with each megawatt generating around one watt of power.
The new solar plants will cost less than $100,000, which is the lowest cost in the country, he said.
Assam has an average annual power consumption of around 11,000 megawatts, while Assam has about 13,000 MW of solar energy.
The project is part in a government-backed initiative to promote solar energy, which has been one of the fastest growing industries in the Indian state, with its population expected to double by 2030.
India, which accounts for one-third of the world’s solar installations, has been working on a national grid for the past five years to build the solar energy grid, with a goal of achieving 100 gigawatts by 2022.