Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.
India’s ongoing demonetization scheme, which has divided opinion globally, looks set to improve the finances of Indian distribution companies (Discoms) in what could be a boon to the solar sector, according to consultancy firm Mercom Capital Group.
India’s major package to try and turn around the finances of its distribution companies (Discoms) has yet to make a positive impact and has even worsened conditions for some companies, according to consultancy firm Mercom Capital Group.
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
India’s government will provide central finance assistance (CFA) for 100MW of grid-connected rooftop solar projects in the state of Tamil Nadu, according to Mercom Captial Group.
Delays in solar PPA signing combined with a petition from developers has led to significant project commissioning deadline extensions in the Indian state of Uttarakhand, according to consultancy firm Mercom Capital Group.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
