India may have a tough time meeting its solar energy capacity targets as developers steer clear of government auctions


India may have a tough time meeting its solar energy capacity targets as developers steer clear of government auctions

As it heads into election year, the central government is wary of underperforming on its solar energy mandate. As a result, it has instructed the Solar Energy Corporation of India (SECI), a company housed under the Ministry of New and Renewable Energy to facilitate the government’s solar energy projects, to release a tender to add 1,000 MW of solar energy capacity every month from November 2018 to February 2019, according to the Indian Express.

The tenders, if successfully bid for by developers, will add 4,000 MW to the already existing capacity of 25,000 MW in India. However, going by the muted reaction to recent manufacturing-linked tenders, it remains to be seen if anyone will bid for them. Read More

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