India To Hold 750 MW Solar Power Auction For Gujarat, Maharashtra

09-Sep-2015 #State Policy Source: Clean Technica

The Solar Energy Corporation of India (SECI) is all set to announce the auction for 500 MW capacity in Maharashtra and 250 MW capacity in Gujarat under the viability gap funding program. The project developers will need to bid for the amount of capital cost support required to set up every MW of solar power project and once the names of selected project developers get announced, they will have to commission the projects within 14 months.

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