Utility-Scale Solar Tenders and Auctions in India Reach New Peak in 2024

Tender and auction announcements rose 39% and 117% YoY

January 27, 2025

/ Mercom Research Focus, Solar, Tenders & Auctions, Utility Scale

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Bid invitations for utility-scale solar projects in calendar year (CY) 2024 surpassed annual tender announcements of all previous years. Several entities floated tenders totaling 79.3 GW, up 39% from 57 GW in 2023.

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Utility-Scale Solar Tenders and Auctions in India Reach New Peak in 2024

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