Amid surging demand for renewable energy in India, delays in finalizing Power Sale Agreements (PSA) and Power Purchase Agreements (PPA) are creating significant obstacles for developers and policymakers alike. In April 2023, the Ministry of New & Renewable Energy introduced an agency-wise bidding calendar for Renewable Energy Implementing Agencies— Solar Energy Corporation of India, NTPC, NHPC, and SJVN — aiming to roll out 50 GW of renewable energy projects annually through FY 2027-28. This move was expected to accelerate India’s energy transition and help meet its ambitious clean energy targets.