India Cuts Size Of Biggest Solar Tender To A Third After Tepid Response


India Cuts Size Of Biggest Solar Tender To A Third After Tepid Response

India has reduced the size of the tender aimed at boosting local manufacturing of solar modules to less than a third as it received only a single bid.

The government now wants bidders to develop solar farms with 3 gigawatts of generation capacity instead of originally planned 10 GW, according to state-run Solar Energy Corporation of India Ltd.

It also lowered the solar-cell making capacity from 5 to 1.5 GW. Last week, the government had scrapped the sole bid received for its first manufacturing-linked solar tender—the largest auction for solar power generation. Read More

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