India Solar Power Target Under Cloud As Agencies Spike Bids For 9,000 MW


India Solar Power Target Under Cloud As Agencies Spike Bids For 9,000 MW

Solar power agencies of the central and state governments have scrapped bids for projects aggregating 9,000 MW capacity, which will lead to a flat growth in capacity addition next year and delay the goal of achieving 1 GW (giga watt) of solar power capacity by 2022, industry data shows.

The cancelled tenders represent half of the 18,000 MW bid out by these agencies till August. The cancellations coincide with the pace of solar capacity addition dropping 52% to 1,599 MW in the April-June period from 3,344 MW in the January-March period of 2018. Read more

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