Govt may rebid 40 GW of renewable energy projects stalled due to lack of power purchase pacts

The government is expected to go for rebidding of around 40 GW of renewable energy projects that have been stalled in the absence of power purchase agreements (PPAs), official sources said on Wednesday.

These 40 gigawatt (GW) includes both solar and wind capacity projects, one of the sources said.

“Marketing efforts are on. If it does not get any success then “we will see at some point we will close it”, sources told PTI.