Surge in auctions hard to sustain

12 February 2024 | BRIDGE TO INDIA

Market Outlook Solar Wind

Surge in auctions hard to sustain

/ by BRIDGE TO INDIA

There has been a surge in project auctions in the last three months. Since November 2023, total capacity of 12,142 MW has been awarded under 13 auctions. Notable auctions include a 1,184 MW peak power award by SJVN, 3,000 MW solar power by NHPC, 750 MW RTC power by REMCL, and three solar-wind hybrid awards by SECI (900 MW), NTPC (1,104) and GUVNL (200)….

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