Policy & Regulations Overview
India targets 225 GW fro Renewable Energy and 65 GW from wind energy. However, the procurement is through Auctions, which has impacted the financial health of the industry. In the recent auctions, a cap was introduced on the amount bid per kWh. However, now the cap has been done away with and there is room for a better return on investment, provided this policy remains in place. Now bids are also being invited for wind and solar hybrid projects