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Uncertainity Looms As India Eyes First Wind Energy Auction

Project developers are apprehensive about India’s latest wind energy policy which calls for large-scale auction of projects. The uncertainty amongst wind energy project developers in India originates from the fact that there is lack of clarity on the extension of crucial incentives like the accelerated depreciation and generation-based incentive. These two support mechanisms have been […]

August 27th

India Proposes 1 GW Wind Energy Auction

India may soon launch its first-ever auction for wind energy projects as it plans to keep the investors interested even as some crucial financial incentives are set to expire by early next year. The Ministry of New & Renewable Energy has issued a proposal to auction 1 GW of wind energy capacity across various states […]

June 20th

India Plans 16.6 GW Renewable Energy Capacity Addition This Fiscal

The Ministry of New and Renewable Energy (MNRE) in India has come out with most ambitious capacity addition target of 16,600 MW for renewables this fiscal year. According to MNRE, during the current fiscal solar capacity is expected to reach its largest-ever capacity addition target of 12,000 MW which would be followed by wind (4,000 […]

June 17th