BENGALURU: Many of the projects won by developers in the two wind auctions conducted by Solar Corporation of India in 2017 have not been completed yet, according to sources close to the development. The commissioning deadline for the first tranche of projects of 1050 MW was October 2018 and for the second of 1000 MW was May this year. But only 690 MW of the first lot and a mere 200 MW of the second are complete.
The winners from the first auction who have managed to set up the entire amount obtained are ReNew Power and Sembcorp, while Mytrah Energy is close to commissioning. Inox Wind and AdaniNSE 0.47 % Green Energy had won 250 MW and 50 MW, respectively, but neither has set up a single megawatt so far. Some of the developers unable to meet their deadlines were given a month’s extension, but they still couldn’t finish their projects.
