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Renewables sector hit by weak demand: Report
Hindustan Times Rajasthan
|March 07, 2025
India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.
The country issued a record 73 gigawatts of utility-scale renewable energy tenders in 2024, but about 8.5 GW was undersubscribed - five times higher than in 2023 - amid lower demand due to complex tender structures and delays in interstate transmission readiness, IEEFA said in a report.
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