The Hindu Business Line (SECI) has extended the tender deadline for 6 GW of manufacturing-linked solar projects to 11 September, after no bids were received. The tariff cap for the tender is INR2.75/kWh ($0.038). Developers are put off by tariff limits on renewable projects and want the government to let the market determine prices, The Solar Energy Corporation of India reported.
The Solar Energy Corporation of India (SECI) has extended the tender deadline for 6 GW of manufacturing-linked solar projects to 11 September, after no bids were received. The tariff cap for the tender is INR2.75/kWh ($0.038). Developers are put off by tariff limits on renewable projects and want the government to let the market determine prices, The Hindu Business Line reported.