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India renewables firms cry foul as state seeks to renege on pact


India renewables firms cry foul as state seeks to renege on pact
Gujarat Urja Vikas Nigam had awarded the contracts to firms, including ReNew Power, Tata Power and SJVN for building solar capacity at tariffs of as much as ₹2.81 a kilowatt-hour
(Photo: Mint)Premium
. Updated: 24 Feb 2021, 03:18 PM IST Bloomberg
The Centre has stepped in to mediate a dispute between Gujarat and solar power developers over the province’s plan to backtrack on bids for a 700 megawatt project because of high tariffs and invite fresh ones
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India’s federal government has stepped in to mediate a dispute between the state of Gujarat and solar power developers over the province’s plan to backtrack on bids for a 700 megawatt project because of high tariffs and invite fresh ones. ....

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