The feasibility of India’s auctions
The offtaker’s creditworthiness, the ease of land acquisition, infrastructure readiness, policy consistency and clarity, and access to low-cost funds are among the key determinants for the success of large-scale PV auctions in India, writes Uma Gupta in New Delhi.
Large-scale solar projects are key focus areas for India as it strives to accomplish its “100 GW by 2022” solar target. The nation has floated a number of ambitious solar tenders larger than 500 MW in size, but not all of them have been successful. While some tenders were oversubscribed and broke previous tariff …
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