The government’s efforts at promoting domestic solar manufacturing capacity through large-scale tenders suffered a jolt, yet again, on Thursday as absence of bidders a day before the bid closing deadline forced the implementing agency – Solar Energy Corporation of India – extend the tender for setting up of 10 GW (giga watt) solar power projects linked with 3 GW per annum solar manufacturing capacity.
The bid submission deadline has now been extended to November 12. This is the fifth extension since May when the request for selection was floated. There were two extensions in August and once in September as bidders shunned the tender over policy chaos in the sector created by safeguard duty on imported equipment and tender norms. Read more