The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY) for the development of Floating Solar Photovoltaic Projects along with Energy Storage Systems with a total outlay of Rs 5,070 crore.
India is preparing a major reshaping of its energy strategy that would allow coal-based power plants to operate at lower loads to make more room for solar energy in the national power mix. The move signals a significant shift in the way the country balances its traditional energy sources with fast-growing renewable capacity. According to.