Utility-scale Renewable Energy Tendering Trends in India 2

The reason for this is the double barrier to solar imports in the form of basic custom duties (BCD) and the approved list of models and manufacturers (ALMM). [...] This report examines the status of the tendering process and analyses, in detail, trends in the preceding years, their successes and setbacks, the key players and new entrants, and innovations. [...] Utility-scale Renewable Energy Tendering Trends in India 5 Renewable Energy Tender Issuance Trajectory in India The growth of the renewable energy sector in India has been driven by utility-scale tendering via reverse auctions. [...] The primary reason is the double barrier to solar imports in the form of basic custom duties (BCD) and the approved list of models and manufacturers (ALMM). [...] The reinstatement of reverse auctions in the wind sector, ALMM flip-flops and the introduction of novel tender types are also changing the dynamics of the renewable energy industry.