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1. People also ask

   When will renewable tenders close in FY2024?

   • These tenders are expected to close during the next 1-2 quarters. Renewable sector remains highly competitive with over 60 companies winning tenders in FY2024. Avaada Energy won the largest 5.8 GW capacity in this period followed by ReNew with 4.4 GW and SJVN Limited with 4.0 GW renewable projects awarded.

   India closes record 26 GW renewable tenders in Q1 2024

   www.spglobal.com/commodityinsights/en/ci/research-analysis/india-closes-record-26-gw-renewable-tenders-in-q1-2024.html

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   How many GW tenders are open in Q1 2024?

   • About 44 GW tenders open at the end of Q1 2024 for bids. This includes 26 GW of tenders requested in the first quarter of 2024 and remaining 18 GW open tenders delayed from previous 2 quarters. Majority 52% of the open tenders are for solar PV projects, followed by 27% of hybrid renewables with or without storage and 15% of onshore wind projects.

   India closes record 26 GW renewable tenders in Q1 2024

   www.spglobal.com/commodityinsights/en/ci/research-analysis/india-closes-record-26-gw-renewable-tenders-in-q1-2024.html

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   Are solar tariffs going up in India?

   • Despite a decrease in the price of solar modules, solar tariffs have gone up in the past two years. Chart: IEEFA. India has more than trebled utility-scale renewables tender capacity to 69.8GW in fiscal year 2024, 48% of which from solar PV.

   India tenders 70GW of renewables in FY24, half from solar PV

   www.pv-tech.org/india-tenders-70gw-utility-scale-renewable-energy-fy-2024-half-from-solar-pv/

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   Will renewables tender capacity increase in fy25?

   • It is expected that for FY25, tenders will again surpass the 50GW government threshold, with awarded capacity to further increase. India has more than trebled utility-scale renewables tender capacity to 69.8GW in fiscal year 2024, 48% of which from solar PV.

   India tenders 70GW of renewables in FY24, half from solar PV

   www.pv-tech.org/india-tenders-70gw-utility-scale-renewable-energy-fy-2024-half-from-solar-pv/

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2. renewablesnow.com › news › india-to-tender-50-gw-ofIndia to tender 50 GW of renewables per year in next 5 yrs

   renewablesnow.com › news › india-to-tender-50-gw-of

   Sep 4, 2024 · For the 2023/24 financial year the following schedule is envisioned: at least 15 GW of renewable energy tenders in each of the first two quarters and at least 10 GW per quarter in the second half of the year. The tenders may include, solar, wind, solar-wind hybrid or around-the-clock renewables with or without storage.

3. www.pv-magazine-india.com › 2024/05/06 › indiaIndia tendered ‘record’ 70 GW of renewables in FY 2024

   www.pv-magazine-india.com › 2024/05/06 › india

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   May 6, 2024 · Renewable energy tender issuances in India crossed a record 69 GW in FY 2024 on the back of a strong push by the central government, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.

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5. www.pv-tech.org › india-tenders-70gw-utility-scaleIndia tenders 70GW of renewables in FY24, half from solar PV

   www.pv-tech.org › india-tenders-70gw-utility-scale

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   May 7, 2024 · India has more than trebled utility-scale renewables tender capacity to 69.8GW in fiscal year 2024, 48% of which from solar PV.

6. www.spglobal.com › commodityinsights › enIndia closes record 26 GW renewable tenders in Q1 2024

   www.spglobal.com › commodityinsights › en

   • Cached

   May 2, 2024 · This includes 26 GW of tenders requested in the first quarter of 2024 and remaining 18 GW open tenders delayed from previous 2 quarters. Majority 52% of the open tenders are for solar PV projects, followed by 27% of hybrid renewables with or without storage and 15% of onshore wind projects.

7. www.pv-magazine.com › 2024/05/07 › indias-renewableIndia’s renewable tenders hit 70 GW – pv magazine International

   www.pv-magazine.com › 2024/05/07 › indias-renewable

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   May 7, 2024 · Renewable energy tender issuances in India crossed a record 69 GW in fiscal 2024 due to a strong push by the central government, according to a new joint report by the Institute for Energy...

8. www.saurenergy.com › solar-energy-news › indiaIndia Issued 69GW+ Renewable Tenders In FY24: IEEFA Report

   www.saurenergy.com › solar-energy-news › india

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   May 6, 2024 · The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian government’s own annual target of 50 GW.

9. ieefa.org › articles › surge-indias-renewablesSurge in India’s renewables tendering set to keep coal’s ...

   ieefa.org › articles › surge-indias-renewables

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   May 15, 2024 · A record 69+ gigawatts (GW) of renewable energy tenders were issued across India in fiscal year (FY)2024, exceeding the central government’s target of 50GW. India surged to third in the world in terms of solar power generation in 2023.