An employee inspects solar panels, part of a solar power microgrid, in the village of Dharnai in Jehanabad, Bihar, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
Risk of states cancelling contracts, lack of power buyers and now rising input costs. Bidders in India’s upcoming auctions for renewable projects will have to factor in all these concerns, possibly pushing tariffs higher.The Solar Energy Corp. of India plans to auction almost 9.2 gigawatts in capacity over the next two months to hasten the renewable energy push, according to a statement. It comprises a mix of solar and wind farms in ...