Featured in Go big or go home – 11-2020

India’s tender prices tumble, despite Discom delays

India’s state-owned electricity distribution companies (Discoms) are in dire financial straits, as they owe some $16 billion to generators, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Despite this, national PV auctions have been oversubscribed and are setting record low tariffs in the country, indicating strong interest from developers – if the Discom challenge can be overcome.

By

Uma Gupta

02 Nov 2020

Image: Harmon Solar

A project developed by SolarPack in India. The Spanish developer is pushing ahead with new projects on the subcontinent, despite delays from struggling Discoms, and reported difficulties with grid connection and exports affecting new projects. The Indian solar market has proven attractive to international solar players in recent years. This interest, it seems, has continued …

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