MNRE is understood to be in advanced stages of waiving requirements for bank guarantees by project bidders. As per a news report, MNRE is proposing that instead of bank guarantees, the developers may provide letters of comfort from one of the three government owned financial institutions – Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA). The move is motivated by a desire to free up banking lines of credit for the developers and improve ‘ease of doing business’ in the sector.. ..
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Despite need for more dispatchable power and strong techno-economic advantage over thermal power, renewable power tenders with storage backed solution...
This report captures quarterly trends in module demand and supply, import and domestic production volumes, supplier market shares, break-up by technol...
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BRIDGE TO INDIA has released a new quarterly report, India PV Module Intelligence Brief, capturing ongoing demand-supply, pricing, technology and poli
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