Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth: Report

Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, dampening investor confidence and threatening the viability of projects, according to a latest study.

PSAs for 19 gigawatt (GW) of capacity tendered by the Solar Energy Corporation of India (SECI) was yet to be signed by state-owned discoms, according to the report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.

It further added that manufacturing-linked solar projects accounted for the majority — 63 per cent — of this capacity.

ET Energy World
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