Government adamant it will ‘not only meet, but also exceed’ 175GW-by-2022 goal despite predictions to the contrary by CRISIL, which warned policy swings are putting off investors.
Going to Indian courts over renegotiations of solar power purchase agreements (PPAs) can be a costly and time-consuming process, but is this where the trouble ends?
Tamil Nadu’s distribution company (Discom) awarded 1.5GW of solar to 18 companies in June, but it has now signed PPAs with just 16 of the companies, all of whom have agreed to lower their original tariff to the lowest bid in the auction.
