The first World Solar Technology Summit of the International Solar Alliance (ISA) to be hosted by India on Tuesday will see efforts to help NTPC Ltd secure solar projects in ISA’s 47 least developed and small island members, two people aware of the development said, adding the ISA will also be appointed as the nodal agency to implement India’s global electricity grid plans.
ISA will also help provide solar pumps for Uganda, Burkina Faso, Ethiopia, Senegal, Mozambique, Fiji, Vanuatu, Tonga and Kiribati, an assistance which may be extended later to other ISA member countries by partnering with Seoul-based Global Green Growth Institute (GGGI).
ISA has managed to bring down the cost of solar pumps by half, Mint reported earlier. India’s state-run Energy Efficiency Services Ltd conducted the largest global price discovery exercise by aggregating demand from 22 ISA member nations, in a potential order valued at $2.7 billion.
