India is considering canceling green power projects equivalent to as much as a fifth of the country’s renewable capacity because they’re struggling to find state utilities to buy their electricity.
The power ministry has reviewed 42 gigawatts worth of planned projects that have yet to sign offtake agreements and advised authorities to shelve those that are no longer feasible, according to people familiar with the matter, who asked not to be named because the discussions are private.
While the move could free up grid capacity struggling to keep up with India’s rapid renewable rollout, it would be a major setback for the green ambitions of the world’s third-highest emitter. The country aims to double clean power capacity to 500 gigawatts by the end of the decade.
The power ministry’s pres

 Moneycontrol

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