•  
  •  
  •  

India considering separate tenders for PV manufacturing - report

The Pavgada solar park in Karnataka, India. Photo by: Greenko (www.greenkogroup.com).

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.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription