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Title: Government sets schedule for state entities to float solar tenders
Source:The Economic Times
Date:24 August 2018

The government has set a schedule for state companies and official agencies to float solar tenders in a move aimed at spacing out the offer of large project capacities and preventing distortion of the market. With a target of adding 100 GW of solar power capacity by 2022, the government plans to invite bids for 30,000 MW each in the current and next financial years. This will ensure a steady pipeline of projects through the year instead of inviting too many bids at once and exerting pressure on the entire value chain, industry officials said. Power and new and renewable energy minister Mr RK Singh took cognisance and directed a timetable of bids is issued to ensure year-round activity.




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