In one of the largest tranches of Indian clean energy contracts on offer, developers are eyeing projects of at least 9 gigawatts (GW) that will be bid out over the next three weeks, said two people aware of the development.
These contracts that require an investment of over $4 billion are being offered after a long lull, and are for setting up solar, hybrid and wind energy projects. They are being tendered by state-run Solar Energy Corporation of India (SECI), Maharashtra State Electricity Distribution Company Ltd (MSEDCL) and Rewa Ultra Mega Solar Ltd. (RUMSL)—a joint venture between SECI and Madhya Pradesh UrjaVikas Nigam Ltd.
