The National Renewable Energy Program is the policy through which the Ministry of Energy implements the “Vision 2030” renewable energy targets of 27.3 GW of renewable power capacity by 2023 and 58.7 GW by 2030. US$30–50 billion for renewable energy tendering scheme (bids of US$ 2-3/kWh in first round).
New Developments: Round 3 of the program was launched in January 2020, tendering 1.2 GW of solar PV. A total of close to 2.2 GW of solar PV have been tendered so far in rounds 1 and 2.