The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects have been notified under the provisions of Section 63 of the Electricity Act, 2003 vide resolution No.
This report analyses the risk perceptions of debt financiers towards solar photovoltaic (PV) and wind projects from 2014 to 2018. It also examines recent developments impacting the pace of capacity addition in India.
This policy brief examines the risks involved in the ‘change in law’ clause in renewable energy power purchase agreements (PPAs) in India. It recommends either making provisions more nuanced or revising existing provisions in future PPAs to reduce uncertainty and improve their bankability.