May 7 (Renewables Now) - The Indian government is mulling over a plan for holding a tender solely for solar power equipment manufacturing, without coupling it with power generation, the Mint reports, citing people in the know.
According to the unnamed sources, the plan is intended to spur investor interest and could also include some financial backing by the government.
India has been trying to boost solar equipment production by announcing a series of solar tenders with a manufacturing component in an attempt to safeguard the domestic industry and support its 100-GW national solar goal. Due to the poor response, however, those mixed tenders get delayed, downsized or even cancelled.
An ongoing competition by the Solar Energy Corporation of India (SECI), which was launched after a larger tender was scrapped, had its deadline extended three times and a fourth extension is expected to follow, Mint's sources have said. The current is for 3 GW of solar and 1.5 GW of annual manufacturing capacity, with bids due May 14.