New Delhi: Renewable energy (RE) capacity commissioning momentum in India remains strong with a robust 27 GW of gross capacity added during the first five months (April-August) of the current financial year, according to a report released on Thursday.

Within this, 20GW of renewable capacity was commissioned through August. Another 142GW is under various stages of construction, as per Central Electricity Authority (CEA), according to an HSBC report.

With gradual progress on commissioning of interstate transmission lines, the commissioning of renewable projects is expected to pick up pace as well. Recent mergers and acquisitions and renewable developers’ potential listings also should make more capital available to accelerate commissioning, the report states.

“Innovative tenders continue

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