India may cancel green power projects struggling to find clients
India is considering canceling green power projects equivalent to as much as a fifth of the country’s renewable capacity because they’re struggling to find state utilities to buy their electricity.
The power ministry has reviewed 42 gigawatts worth of planned projects that have yet to sign offtake agreements and advised authorities to shelve those that are no longer feasible, according to people familiar with the matter, who asked not to be named because the discussions are private.
