Cloud over RE: India's green energy becomes a victim of its own success

Green energy is a victim of its own success

One reason India may miss the February 10 deadline for submitting its third round of climate-action plans under the Paris Agreement or upgrade its targets may lie in a cloud over adopting renewable energy (RE). As reported by this newspaper on Monday, RE projects of 40 Gigawatts (Gw), tendered by four government-designated Renewable Energy Implementation Agencies (REIAs), have failed to find buyers. A February 5 review meeting of the Ministry of New and Renewable Energy revealed that these projects, awarded by RE-tendering agency Solar Energy Corporation of India (SECI) and state-owned generators NTPC, NHPC, and SJVN, have been pending for