Solar Tender and Auction Announcements Declined Sharply in February
Tenders were issued for 1.7 GW of solar projects, and about 1.4 GW capacity went to auction
March 5, 2020
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Tender announcements in February 2020 fell nearly 58% from the previous month, with only about 1.7 GW of solar projects announced, according to Mercom India’s Solar Tender Tracker. This is a sharp decline from January 2020, which saw over 4 GW of tenders.