India halts annual clean energy tender targets
after close1 source ↓written by the desknot a recommendation
- was set
- 50 GW
- were tendered due
- 15 GW
- of unsold projects
- 43 GW
India has decided to stop setting annual targets for renewable energy tenders, marking a significant policy shift. Previously, a target of 50 GW was set for last year, but only 15 GW were tendered due to a backlog of 43 GW of unsold projects. Future auctions will now depend on actual demand from state utilities.
Not investment advice. For informational purposes only.