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Biggest Indian solar project stalls as state balks at cost

The largest solar power project in India has hit a road block because the Indian state says that energy is not available for the prices originally agreed upon.

Photo: Mainstream Renewable Power

India's biggest solar power project has stalled as the state which sought bids from generators says it can not buy the energy at prices it had agreed upon.

Winning developers in India's Jharkhand state are still waiting to sign power purchase agreements almost a year after the tender. In March, Jharkhand awarded contracts to build 1.2 gigawatts of solar. The state's power retailer, Jharkhand Bijli Vitran Nigam Ltd., was supposed to sign the power purchase agreements in May 2016.

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