A slowdown in tendering activity for renewable energy (RE) projects has cast doubts about India’s ability to meet the target of installing 500 gigawatts (GW) of green power capacity by 2030.

What has slowed the pace of bidding out of new projects, and a dampening of short-term investor interest is primarily a delay in signing of power purchase agreements by the RE implementing agencies like the Solar Energy Corporation of India (SECI).

As of now, over 40 GW of awarded RE projects remain stranded.

At the core of the problem is transmission constraints, or issues around connecting RE, which is intermittent by nature, to the grid.

Industry players say though the country’s vision to lead the global energy transition is ambitious but achievable, its pace depends on how swiftly India a

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