bridge to india

Analyst tells PV Tech the low tariff ceiling (INR 2.65) set for tender in Indian state is thought to be a major issue amid heightening uncertainty from coronavirus.

Mega tenders are being pushed but actual progress is stagnating in India's PV sector, consultancy warns.

With developers facing months of delivery delays for Chinese solar parts, India has said it will consider extending deadlines for PV projects scheduled to be switched on this summer, relieving developers from costly fines.

Exemption on customs duty for cells and modules in India widely expected to be lifted later in the year but there are still legal barriers to overcome, says Bridge to India.

Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.

Adani's Mumbai-based utility awards Adani renewable energy developer with 700MW of hybrid capacity at lower tariff.

MNRE secretary commits to managing curtailment of renewables, while analyst says problem 'too important to ignore'.

Analyst welcomes land solution of renewables capacities in border states but questions transmission, security and scale.

Rooftop sector continues to increase rapidly, with a growth rate of 61% over the previous financial year, says Bridge to India.

Calls for lifting priority sector lending limit for clean energy sector echo several similar, but failed attempts over last five years.