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Was Setting Upper Tariff Cap a Deterrent for NTPC’s 1.2 GW Solar Tender?

The tender, announced last year, has been extended twice

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Tariff caps are often not acceptable to developers planning on executing solar projects in India. The National Thermal Power Corporation Limited (NTPC), has had to extend again the bid-submission deadline for 1.2 GW of the inter-state transmission system (ISTS)-connected  solar projects in western India.

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