India aims to tender off 100 GW solar and wind by 2020

Indian authorities are optimistic about the "conservative" target of 175 GW of renewable energy in 2022 and are now launching a wind auction of 2 GW.

India's development of wind power needs to get back on track. The government has launched a 2-GW auction of wind projects which are expected to be installed by the end of 2019, while upwards of 4 more GW will be auctioned off by the beginning of the next Indian calendar year on April 1. This will take place in an auction of 1.5-2 GW in January followed by a corresponding auction in March, announces the Indian government.

A further 10 GW of wind projects will be auctioned off in the next calendar year as well as in 2019. These auctions will serve to help India meet its target of adding 175 GW renewable energy by 2020 and thus tendering off 100 GW from now until March 2020.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Further reading

Related articles

Latest News

See all jobs