30 Nov '15, 11am

‘Severe delays’ to PPA signing in Telangana’s 2GW solar auction https://t.co/GvDTpZ3EJc

‘Severe delays’ to PPA signing in Telangana’s 2GW solar auction https://t.co/GvDTpZ3EJc

Rumours of delays in signing PPAs have been confirmed in a letter circulated among disgruntled developers. Credit: Tata Many solar developers who were allocated capacity in the Indian state of Telangana’s 2GW solar auction are facing severe delays in the signing of agreements with the state’s government. PV Tech has seen a letter revealing that a group of disgruntled PV developers are facing serious delays in receiving Letters of Approval (LOAs). It is understood that these LOAs are being held up at the chief minister of Telangana’s office and there is concern about the implications of this holdup on future tenders by the Telangana state or even tender processes put forward by other Indian entities. The group of developers called an emergency meeting last week to discuss the delays as well as to plan a meeting with chief minister K. Chandrashekar Rao. PV Tech contacted the...

Full article: http://www.pv-tech.org/news/severe-delays-to-ppa-signing-...

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