Solar Auctions Surge by 229% in Q1 2024, Tender Activity Up 122%

A total of 25 GW of solar projects were auctioned during the quarter

April 17, 2024

/ Mercom Research Focus, Solar, Tenders & Auctions

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Save

Auctioned solar capacity in India surged to over 25 GW in the first quarter (Q1) of 2024 from 820 MW in Q1 2023, primarily due to the new bidding guidelines mandating that auctions be conducted within 110 days of bid submission dates.

⭐ This is a premium article. Subscribe to access exclusive content.

Subscribe to Continue Reading

Get unlimited access to premium articles, in-depth analysis, and exclusive content from Mercom India.

✓Unlimited premium article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already have an account? Log In

Urvashi Gupta

Get the most relevant India solar and clean energy news.

Solar Auctions Surge by 229% in Q1 2024, Tender Activity Up 122%

Subscribe to Continue Reading

Get the most relevant India solar and clean energy news.

RECENT POSTS