India sets timetable for solar auctions

This follows pressure on the solar auction landscape, marked by tender cancellations and lowered tariffs.

India’s Ministry of New and Renewable Energy has asked central and state governments to follow a timetable for the solar photovoltaic (PV) tenders, Mercom India reports.

“It has been seen that sometimes bids of two organisations clash with each other, thus distorting the market,” a letter read. This allows for the even distribution of tender and auction activities throughout the year.

The Solar Energy Corporation of India (SECI) will have the months of December, March, June, and September, whilst The National Thermal Power Corporation (NTPC) and other public sector units will get January, April, July, and October for tender and auction activity.

State implementing agencies will use February, May, August and November for their respective activities.

This request highlights the pressure on India’s solar auction landscape. Approximately 4GW of solar auctions have been already cancelled in the recent months. Moreover, three large auctions have been terminated recently.

This was recently illustrated by SECI’s cancellation of 2.4GW out of a 3GW Interstate Transmission System (ISTS) connected solar auction held in July 2018.

Also Read

China's carbon market tightening to boost RE demand

South Korea launches joint strategy to enhance overseas resource development

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit