Eyeing investment, India considers new solar tender with focus on factories

There has been little interest from solar equipment makers in the previous manufacturing tenders, a hurdle to PM Modi's ambitious plans of building 100 gigawatts of solar power capacity by 2022

India is considering a new tender to develop solar power equipment manufacturing that doesn’t include a requirement to also generate electricity, a move aimed at sparking investor interest, according to people with knowledge of the plan.

In addition to separating manufacturing of solar cells and modules from generation, the government may also offer some form of financial aid, said the people, asking not to be identified as the information isn’t public.

There has been little interest from solar equipment makers in the previous manufacturing tenders, a hurdle to Prime Minister Narendra Modi’s ambitious plans of building 100 gigawatts of solar power capacity