Indian solar EPC company Mahindra Susten has received a major boost in its efforts to expand its footprint in the distributed solar market with a fresh investment from a foreign company.
The International Solar Alliance has asked companies in member countries to submit proposals to offer solar power project management solutions. The global body issued this invitation after it received a proposal for the same from India’s largest power generation company.
India is looking at ways to support domestic manufacturers of solar cells and modules as it aggressively increases installed capacity.
India has received objection from WTO members over another of its decision regarding its solar power policy.
Gujarat Urja Vikas Nigam Limited, or GUVNL, has announced that it scrapped the latest 500 megawatt auction for solar power projects and shall re-tender the capacity soon. The reason cited for the decision is higher-than-expected bids.
Uncertainty over various duties has led to a jump in solar power tariff bids in India’s latest auctions.
Indian EPC contractor Mahindra Susten has once again secured the rights to develop a solar power project equipped with a storage system in the Andaman Islands of India.