Out of the 46 thousand tenders issued, only over 12 thousand projects were allocated from the renewable energy auctions in India during 2019. This was a decrease in projects from the previous year. Developer's increased perception of risk such as higher cost of modules owing to the imposed trade duties, lack of clarity on new rules, delay in acquiring lands and grid connectivity were the major reasons behind this slowdown.
Renewable energy project allocation from auctions across India from 2013 to 2019
(in 1,000s)
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IEEFA. (February 11, 2020). Renewable energy project allocation from auctions across India from 2013 to 2019 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/
IEEFA. "Renewable energy project allocation from auctions across India from 2013 to 2019 (in 1,000s)." Chart. February 11, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/
IEEFA. (2020). Renewable energy project allocation from auctions across India from 2013 to 2019 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/
IEEFA. "Renewable Energy Project Allocation from Auctions across India from 2013 to 2019 (in 1,000s)." Statista, Statista Inc., 11 Feb 2020, https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/
IEEFA, Renewable energy project allocation from auctions across India from 2013 to 2019 (in 1,000s) Statista, https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/ (last visited December 21, 2024)
Renewable energy project allocation from auctions across India from 2013 to 2019 (in 1,000s) [Graph], IEEFA, February 11, 2020. [Online]. Available: https://www.statista.com/statistics/1137873/india-projects-allocated-from-renewable-energy-auctions/
