[Purzelinho]

http://www.bloomberg.com/news//2014-...megawatts.html

India Plans Biggest Solar Auction of 1,500 Megawatts
By Natalie Obiko Pearson Jul 24, 2014 2:02 PM GMT+0200

India plans to auction 1,500 megawatts of solar-power capacity in its biggest tender yet, saying photovoltaics may supply power as cheaply as coal five years earlier than it expected.

“The government proposes to introduce a scheme for setting up 1,500 megawatts of grid-connected solar photovoltaic power projects,” Power Minister Piyush Goyal said in a written response to questions in parliament today. He also said solar electricity may become cost-competitive with fossil fuel-based grid power by 2017, instead of 2022.