Tamil Nadu is applying its wind experience to solar by recreating a similar framework of price escalation. This would push prices below Rs. 7 and create a new benchmark but will probably repeat the wind ordeal in coming years, once the peak demand is met, in which developers haven’t been paid their dues for over a year.
Click here for the tender and fingers crossed on the payment securitization.
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About Ritesh Pothan
Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy.
He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India