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2022 review | The worst is over on the bidding front
2022 review | The worst is over on the bidding front
12 December 2022 | BRIDGE TO INDIA
2022 review | The worst is over on the bidding front
2022 was an exceptional year in terms of project auctions. There was a double whammy for project developers as they were hit by weak demand from DISCOMs and escalating costs. Total auctioned capacity fell by 47% over previous year to just 9,855 MW, a five year low. There were only 3 auctions over 100 MW between all central government entities aggregating 3,500 MW, down 71% YOY. Slowdown in...
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