Polls bring solar bids to a halt

Polls bring solar bids to a halt
07/05/2019 , by , in ALLIED

The ongoing general elections seem to have taken its toll on the country’s solar sector. In what is seen as a new low in the India’s domestic solar sector, not a single solar auction was conducted in April 2019. This, despite 799 MW of solar photovoltaic (PV) capacity was tendered in the same month. Several engineering procurement construction (EPC) tenders were also announced in April 2019, according to India Solar Tender Tracker from Mercom Capital Group. In an earlier study, Mercom had reported that the solar industry seemed to be progressing at a sluggish pace in the light of the LokSabha elections.

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