Over 80% of Recent Solar Auctions in India Won by Larger Solar Developers
Many in the industry feel that small solar players cannot compete in big auctions because they lack the financial resources to compete in an environment with increasing regulatory uncertainty
April 20, 2018
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The solar sector in India is rapidly expanding with increasing participation from a mix of domestic and foreign developers. However, a detailed analysis of the winners of major solar auctions held across the country over the past 12 months indicates that bidding has been dominated by larger, more-established companies.
Saumy Prateek
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