Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I
Renewable energy, especially solar power, has been garnering a lot of interest from governments, international development organizations, civil society, and the private sector for the last few years. There has been a huge surge in the popularity of...
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| Format: | ESMAP Paper |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/18699944/paving-way-transformational-future-lessons-jawaharlal-nehru-national-solar-mission-phase-one http://hdl.handle.net/10986/17480 |
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okr-10986-17480 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO ENERGY ACCESS TO TECHNOLOGY ACCOUNTING ACTION PLAN ACTIVE DEBT ACTIVE DEBT MARKET ADB ADVISORY SERVICES APPROACH AUCTION AUTOMOBILE AVAILABILITY AVAILABILITY OF DATA BALANCE BANK GUARANTEE BENEFICIARIES BID CAPABILITIES CAPABILITY CAPACITY UTILIZATION CASH FLOWS CERTIFICATES CHAMBERS OF COMMERCE CLEAN ENERGY CLEANER ENERGY CLIMATE CHANGE COAL COLLATERALS COMBUSTION COMMERCIAL BANKS COMPETITIVE BIDDING COMPETITIVENESS CONNECTIVITY CONVENTIONAL FUELS CREATION OF POLICY CREDIT AGENCIES CREDITWORTHINESS CURRENCY CURRENCY CONVERSION CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT DISBURSEMENTS DEBT FINANCING DEBT FUND DEBT RESTRUCTURING DEBT SERVICING DEBT-EQUITY DEFAULTS DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DIESEL DOMAIN DOMESTIC BANKS ECONOMIC GROWTH EIB ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY SUPPLY EMISSIONS ENABLING ENVIRONMENT ENERGY GENERATION ENERGY PRICES ENERGY PRODUCTION ENERGY REQUIREMENT ENERGY SHORTAGES ENERGY SOURCE ENERGY SOURCES ENFORCEABILITY ENVIRONMENTAL IMPACTS EQUIPMENT EQUITY RATIO EVALUATION CRITERION EXTERNALITIES FINANCE COMPANIES FINANCIAL INNOVATIONS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRENGTH FINANCING REQUIREMENT FOREIGN CURRENCY FOREIGN DEBT FOREIGN FINANCING FOSSIL FOSSIL FUEL FUEL GENERATION GENERATION CAPACITY GLOBAL ENERGY DEMAND GLOBAL KNOWLEDGE GLOBAL MARKET GOVERNMENT POLICIES GRID APPLICATIONS GRID INTEGRATION GRID POWER GROSS DOMESTIC PRODUCT GUARANTEE FUND HEAT EXCHANGER INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INNOVATIONS INSTALLATION INSTALLATIONS INSTITUTION INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL INVESTORS INTERNATIONAL MARKET INVENTORY INVESTMENT BANK INVESTMENT CORPORATION JOB CREATION KEY CHALLENGES KILOWATT HOUR LACK OF ACCESS LAND BANK LAND USE LENDERS LETTER OF CREDIT LINES OF CREDIT LONG-TERM INVESTMENTS MANPOWER REQUIREMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET SEGMENTS MARKET SHARE MATERIAL MATURITY MIGRATION NATURAL RESOURCES NEW TECHNOLOGIES NO OBJECTION CERTIFICATE OIL OLIGOPOLIES OVERSEAS DEBT PENALTIES PIPELINE POLICY DESIGN POLICY FRAMEWORK POLLUTION PORTFOLIO POWER POWER CAPACITY POWER CORPORATION POWER COSTS POWER GENERATION POWER GENERATION CAPACITY POWER GRID POWER PROJECT POWER PURCHASE AGREEMENTS POWER SECTOR POWER STATIONS PRIVATE INVESTORS PRIVATE PARTIES PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR FINANCING PROCESS HEAT PROCUREMENT PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC POLICY R&D RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE PORTFOLIO STANDARD RENEWABLE POWER RESERVE RESERVE BANK RESERVE BANK OF INDIA RESULT RESULTS REVERSE AUCTION RISK PERCEPTION RISK SHARING SAND SECURITIES SILICON SOLAR CELL SOLAR COLLECTORS SOLAR ENERGY SOLAR INDUSTRY SOLAR INSOLATION SOLAR POWER SOLAR POWER PLANTS SOLAR PROJECTS SOLAR RADIATION SOLAR THERMAL SOLAR THERMAL COLLECTORS SPOT PRICE SPOT PRICES STANDARDIZATION STATE BANK STEAM TURBINE SUPPLY CHAIN SUPPORT INFRASTRUCTURE SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER THERMAL CAPACITY THERMAL POWER THERMAL TECHNOLOGIES TIMELY PAYMENT TRADING TRANSMISSION TRANSMISSION LINE TRANSPARENCY TURBINES UNION USES UTILITIES UTILITY GRID UTILITY-SCALE VALUE CHAIN VALUE CHAINS WIND WIND ENERGY WORLD TRADE |
| spellingShingle |
ACCESS TO ENERGY ACCESS TO TECHNOLOGY ACCOUNTING ACTION PLAN ACTIVE DEBT ACTIVE DEBT MARKET ADB ADVISORY SERVICES APPROACH AUCTION AUTOMOBILE AVAILABILITY AVAILABILITY OF DATA BALANCE BANK GUARANTEE BENEFICIARIES BID CAPABILITIES CAPABILITY CAPACITY UTILIZATION CASH FLOWS CERTIFICATES CHAMBERS OF COMMERCE CLEAN ENERGY CLEANER ENERGY CLIMATE CHANGE COAL COLLATERALS COMBUSTION COMMERCIAL BANKS COMPETITIVE BIDDING COMPETITIVENESS CONNECTIVITY CONVENTIONAL FUELS CREATION OF POLICY CREDIT AGENCIES CREDITWORTHINESS CURRENCY CURRENCY CONVERSION CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT DISBURSEMENTS DEBT FINANCING DEBT FUND DEBT RESTRUCTURING DEBT SERVICING DEBT-EQUITY DEFAULTS DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DIESEL DOMAIN DOMESTIC BANKS ECONOMIC GROWTH EIB ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY SUPPLY EMISSIONS ENABLING ENVIRONMENT ENERGY GENERATION ENERGY PRICES ENERGY PRODUCTION ENERGY REQUIREMENT ENERGY SHORTAGES ENERGY SOURCE ENERGY SOURCES ENFORCEABILITY ENVIRONMENTAL IMPACTS EQUIPMENT EQUITY RATIO EVALUATION CRITERION EXTERNALITIES FINANCE COMPANIES FINANCIAL INNOVATIONS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRENGTH FINANCING REQUIREMENT FOREIGN CURRENCY FOREIGN DEBT FOREIGN FINANCING FOSSIL FOSSIL FUEL FUEL GENERATION GENERATION CAPACITY GLOBAL ENERGY DEMAND GLOBAL KNOWLEDGE GLOBAL MARKET GOVERNMENT POLICIES GRID APPLICATIONS GRID INTEGRATION GRID POWER GROSS DOMESTIC PRODUCT GUARANTEE FUND HEAT EXCHANGER INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INNOVATIONS INSTALLATION INSTALLATIONS INSTITUTION INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL INVESTORS INTERNATIONAL MARKET INVENTORY INVESTMENT BANK INVESTMENT CORPORATION JOB CREATION KEY CHALLENGES KILOWATT HOUR LACK OF ACCESS LAND BANK LAND USE LENDERS LETTER OF CREDIT LINES OF CREDIT LONG-TERM INVESTMENTS MANPOWER REQUIREMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET SEGMENTS MARKET SHARE MATERIAL MATURITY MIGRATION NATURAL RESOURCES NEW TECHNOLOGIES NO OBJECTION CERTIFICATE OIL OLIGOPOLIES OVERSEAS DEBT PENALTIES PIPELINE POLICY DESIGN POLICY FRAMEWORK POLLUTION PORTFOLIO POWER POWER CAPACITY POWER CORPORATION POWER COSTS POWER GENERATION POWER GENERATION CAPACITY POWER GRID POWER PROJECT POWER PURCHASE AGREEMENTS POWER SECTOR POWER STATIONS PRIVATE INVESTORS PRIVATE PARTIES PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR FINANCING PROCESS HEAT PROCUREMENT PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC POLICY R&D RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE PORTFOLIO STANDARD RENEWABLE POWER RESERVE RESERVE BANK RESERVE BANK OF INDIA RESULT RESULTS REVERSE AUCTION RISK PERCEPTION RISK SHARING SAND SECURITIES SILICON SOLAR CELL SOLAR COLLECTORS SOLAR ENERGY SOLAR INDUSTRY SOLAR INSOLATION SOLAR POWER SOLAR POWER PLANTS SOLAR PROJECTS SOLAR RADIATION SOLAR THERMAL SOLAR THERMAL COLLECTORS SPOT PRICE SPOT PRICES STANDARDIZATION STATE BANK STEAM TURBINE SUPPLY CHAIN SUPPORT INFRASTRUCTURE SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER THERMAL CAPACITY THERMAL POWER THERMAL TECHNOLOGIES TIMELY PAYMENT TRADING TRANSMISSION TRANSMISSION LINE TRANSPARENCY TURBINES UNION USES UTILITIES UTILITY GRID UTILITY-SCALE VALUE CHAIN VALUE CHAINS WIND WIND ENERGY WORLD TRADE World Bank Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| geographic_facet |
South Asia India |
| relation |
Energy Sector Management Assistance Program (ESMAP); |
| description |
Renewable energy, especially solar
power, has been garnering a lot of interest from
governments, international development organizations, civil
society, and the private sector for the last few years.
There has been a huge surge in the popularity of this
important energy source from various stakeholders in India
as well. On the other hand, solar power presents a
formidable option for addressing pertinent issues being
faced in international geopolitical and national
macroeconomic arenas for the Government of India (GoI).
Though the World Bank, India considers all market segments
of solar power to be important; this report specifically
looks at the utility-scale grid-connected segment of solar
power in India. As one of the eight missions under
India's National Action Plan for Climate Change
(NAPCC), the Jawaharlal Nehru National Solar Mission (JNNSM)
was launched in January 2010 with the aim of accelerating
India's march toward grid parity in solar power. JNNSM
envisages the achievement of grid parity through long-term
and predictable policy, large-scale deployment, aggressive
research and development (R and D), and domestic production
of critical materials, components, and products along the
value chain. Phase one (2010-13) of JNNSM, still under
implementation, experienced enthusiastic participation from
Indian and international investors in the grid-connected
segment with substantial discounts to the benchmark tariffs
determined by the Central Electricity Regulatory Commission
(CERC) for 500 megawatt (MW) each of solar thermal and solar
photovoltaic (PV) projects. Another unique feature of JNNSM
phase one has been the adoption of a reverse auction method
for awarding projects to qualified bidders. The GoI took
several proactive steps in phase one of the mission, such as
offering a bundling of solar power with unallocated
coal-based power through the National Thermal Power
Corporation (NTPC) Vidyut Vyapar Nigam (NVVN), implementing
a renewable purchase obligation (RPO) for solar power,
instituting a payment security scheme (PSS), and undertaking
certain measures for promoting local manufacturing, which
all combined to ensure the success of phase one. |
| format |
Publications & Research :: ESMAP Paper |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| title_short |
Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| title_full |
Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| title_fullStr |
Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| title_full_unstemmed |
Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I |
| title_sort |
paving the way for a transformational future : lessons from jawaharlal nehru national solar mission phase i |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/01/18699944/paving-way-transformational-future-lessons-jawaharlal-nehru-national-solar-mission-phase-one http://hdl.handle.net/10986/17480 |
| _version_ |
1764437051847999488 |
| spelling |
okr-10986-174802021-04-23T14:03:37Z Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I World Bank ACCESS TO ENERGY ACCESS TO TECHNOLOGY ACCOUNTING ACTION PLAN ACTIVE DEBT ACTIVE DEBT MARKET ADB ADVISORY SERVICES APPROACH AUCTION AUTOMOBILE AVAILABILITY AVAILABILITY OF DATA BALANCE BANK GUARANTEE BENEFICIARIES BID CAPABILITIES CAPABILITY CAPACITY UTILIZATION CASH FLOWS CERTIFICATES CHAMBERS OF COMMERCE CLEAN ENERGY CLEANER ENERGY CLIMATE CHANGE COAL COLLATERALS COMBUSTION COMMERCIAL BANKS COMPETITIVE BIDDING COMPETITIVENESS CONNECTIVITY CONVENTIONAL FUELS CREATION OF POLICY CREDIT AGENCIES CREDITWORTHINESS CURRENCY CURRENCY CONVERSION CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT DISBURSEMENTS DEBT FINANCING DEBT FUND DEBT RESTRUCTURING DEBT SERVICING DEBT-EQUITY DEFAULTS DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DIESEL DOMAIN DOMESTIC BANKS ECONOMIC GROWTH EIB ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY SUPPLY EMISSIONS ENABLING ENVIRONMENT ENERGY GENERATION ENERGY PRICES ENERGY PRODUCTION ENERGY REQUIREMENT ENERGY SHORTAGES ENERGY SOURCE ENERGY SOURCES ENFORCEABILITY ENVIRONMENTAL IMPACTS EQUIPMENT EQUITY RATIO EVALUATION CRITERION EXTERNALITIES FINANCE COMPANIES FINANCIAL INNOVATIONS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRENGTH FINANCING REQUIREMENT FOREIGN CURRENCY FOREIGN DEBT FOREIGN FINANCING FOSSIL FOSSIL FUEL FUEL GENERATION GENERATION CAPACITY GLOBAL ENERGY DEMAND GLOBAL KNOWLEDGE GLOBAL MARKET GOVERNMENT POLICIES GRID APPLICATIONS GRID INTEGRATION GRID POWER GROSS DOMESTIC PRODUCT GUARANTEE FUND HEAT EXCHANGER INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INNOVATIONS INSTALLATION INSTALLATIONS INSTITUTION INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL INVESTORS INTERNATIONAL MARKET INVENTORY INVESTMENT BANK INVESTMENT CORPORATION JOB CREATION KEY CHALLENGES KILOWATT HOUR LACK OF ACCESS LAND BANK LAND USE LENDERS LETTER OF CREDIT LINES OF CREDIT LONG-TERM INVESTMENTS MANPOWER REQUIREMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET SEGMENTS MARKET SHARE MATERIAL MATURITY MIGRATION NATURAL RESOURCES NEW TECHNOLOGIES NO OBJECTION CERTIFICATE OIL OLIGOPOLIES OVERSEAS DEBT PENALTIES PIPELINE POLICY DESIGN POLICY FRAMEWORK POLLUTION PORTFOLIO POWER POWER CAPACITY POWER CORPORATION POWER COSTS POWER GENERATION POWER GENERATION CAPACITY POWER GRID POWER PROJECT POWER PURCHASE AGREEMENTS POWER SECTOR POWER STATIONS PRIVATE INVESTORS PRIVATE PARTIES PRIVATE PARTNERSHIP PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR FINANCING PROCESS HEAT PROCUREMENT PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC POLICY R&D RAW MATERIALS REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE PORTFOLIO STANDARD RENEWABLE POWER RESERVE RESERVE BANK RESERVE BANK OF INDIA RESULT RESULTS REVERSE AUCTION RISK PERCEPTION RISK SHARING SAND SECURITIES SILICON SOLAR CELL SOLAR COLLECTORS SOLAR ENERGY SOLAR INDUSTRY SOLAR INSOLATION SOLAR POWER SOLAR POWER PLANTS SOLAR PROJECTS SOLAR RADIATION SOLAR THERMAL SOLAR THERMAL COLLECTORS SPOT PRICE SPOT PRICES STANDARDIZATION STATE BANK STEAM TURBINE SUPPLY CHAIN SUPPORT INFRASTRUCTURE SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER THERMAL CAPACITY THERMAL POWER THERMAL TECHNOLOGIES TIMELY PAYMENT TRADING TRANSMISSION TRANSMISSION LINE TRANSPARENCY TURBINES UNION USES UTILITIES UTILITY GRID UTILITY-SCALE VALUE CHAIN VALUE CHAINS WIND WIND ENERGY WORLD TRADE Renewable energy, especially solar power, has been garnering a lot of interest from governments, international development organizations, civil society, and the private sector for the last few years. There has been a huge surge in the popularity of this important energy source from various stakeholders in India as well. On the other hand, solar power presents a formidable option for addressing pertinent issues being faced in international geopolitical and national macroeconomic arenas for the Government of India (GoI). Though the World Bank, India considers all market segments of solar power to be important; this report specifically looks at the utility-scale grid-connected segment of solar power in India. As one of the eight missions under India's National Action Plan for Climate Change (NAPCC), the Jawaharlal Nehru National Solar Mission (JNNSM) was launched in January 2010 with the aim of accelerating India's march toward grid parity in solar power. JNNSM envisages the achievement of grid parity through long-term and predictable policy, large-scale deployment, aggressive research and development (R and D), and domestic production of critical materials, components, and products along the value chain. Phase one (2010-13) of JNNSM, still under implementation, experienced enthusiastic participation from Indian and international investors in the grid-connected segment with substantial discounts to the benchmark tariffs determined by the Central Electricity Regulatory Commission (CERC) for 500 megawatt (MW) each of solar thermal and solar photovoltaic (PV) projects. Another unique feature of JNNSM phase one has been the adoption of a reverse auction method for awarding projects to qualified bidders. The GoI took several proactive steps in phase one of the mission, such as offering a bundling of solar power with unallocated coal-based power through the National Thermal Power Corporation (NTPC) Vidyut Vyapar Nigam (NVVN), implementing a renewable purchase obligation (RPO) for solar power, instituting a payment security scheme (PSS), and undertaking certain measures for promoting local manufacturing, which all combined to ensure the success of phase one. 2014-03-28T18:12:03Z 2014-03-28T18:12:03Z 2013 http://documents.worldbank.org/curated/en/2013/01/18699944/paving-way-transformational-future-lessons-jawaharlal-nehru-national-solar-mission-phase-one http://hdl.handle.net/10986/17480 English en_US Energy Sector Management Assistance Program (ESMAP); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research South Asia India |