India issued a new tender for solar power equipment manufacturing capacity totaling 2 gigawatts, the latest attempt to spur its domestic industry after two earlier efforts failed to rouse investor interest.
The new tender, issued by the state-owned Solar Energy Corp. of India, seeks four projects for module, cell, ingot and wafer manufacturing with annual capacity of 500 megawatts each, with each plant accompanied by up to 1.5 gigawatts of generating solar capacity.
New to this tender is the option to propose lower capacities for the associated generation projects. The tariffs paid would be capped at at 2.75 rupees a kilowatt-hour for 25 years, similar to the previous tenders. Bids are due Aug. 26.
India has failed to jump-start its solar equipment manufacturing sector through tenders and a safeguard duty to protect it from cheaper Chinese imports. Read More
Latest posts by The Print (see all)
- Railways cancels ‘Karwa Chauth special’ as only 4 couples sign up for 78 seats - October 10, 2019
- Why Tejas is ‘1st private train’ — Railways owns it, outside vendors provide food & clean it - October 7, 2019
- Saudi oil shock is a reminder — we need to switch to non-oil power sources quickly - September 19, 2019