Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is set to award only 72 MW of grid-connected solar projects in a tender designed to add 500 MW in capacity. “The UPERC only recently approved the deviations, but we are about to change from the TCIL portal to another portal so that another extension would have meant the cancellation of the tender. Only three bids, totalling 90 MW, were submitted for the scheme, which was launched in January. Under the tender's rules, only 80% of capacity is awarded if it is undersubscribed. The government has also decided not to allow any new coal plants or nuclear power plants, as these are considered too expensive compared with renewable energy.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is set to award only 72 MW of grid-connected solar projects in a tender designed to add 500 MW in capacity. Only three bids, totalling 90 MW, were submitted for the scheme, which was launched in January. Under the tender's rules, only 80% of capacity is awarded if it is undersubscribed. The government has also decided not to allow any new coal plants or nuclear power plants, as these are considered too expensive compared with renewable energy.