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 Only three MW in capacity. Only three bids, totalling 90 MW, were submitted for the scheme, which was launched in 2016 . Under the tender's rules, only 80% of capacity is awarded if it is undersubscribed. Another reason for the undersubscription was the short time available to the developers, the official further informed. The state's electricity regulatory commission had only recently approved changes put forward by PPA concerning the request for selection and power purchase agreement aspects of the tender, which may have reduced interest.
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 Only three MW in capacity. Only three bids, totalling 90 MW, were submitted for the scheme, which was launched in 2016 . Under the tender's rules, only 80% of capacity is awarded if it is undersubscribed. The state's electricity regulatory commission had only recently approved changes put forward by PPA concerning the request for selection and power purchase agreement aspects of the tender, which may have reduced interest.