MNRE’s Move to Remove Tariff Caps for Solar & Wind Tenders Boosts Market Sentiment
Will encourage greater participation in solar and wind tenders
March 16, 2020
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The Ministry of New and Renewable Energy (MNRE) had recently communicated that the upper ceiling tariffs would no longer be prescribed in future bids for solar and wind projects. Many developers feel that the announcement is a win-win, both for the industry and government.