5 GW of Tenders Announced and 2.7 GW of Solar Projects Auctioned in Q1 2022
NTPC accounted for 35% of the total tenders floated in the first quarter
April 8, 2022
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Various government agencies floated solar tenders totaling approximately 5 GW in the first quarter (Q1) of the calendar year (CY) 2022, a decrease of 18% compared to the previous quarter, according to Mercom India Research. Tender announcements were down by 52% year-over-year (YoY) compared to the same period last year.