Weak demand, PPA delays stall 45 GW of renewable projects despite grid connectivity

Renewable energy firms face hurdles securing power purchase agreements for 45 GW of green projects, despite granted transmission connectivity. Slow demand growth, solar surplus, and assured power post-2028 are cited. Developers risk bank guarantee forfeiture. Officials are exploring solutions to align bids with demand and ensure project execution.

Weak demand, PPA delays stall 45 GW of renewable projects despite grid connectivity
Renewable energy firms face hurdles securing power purchase agreements for 45 GW of green projects, despite granted transmission connectivity. Slow demand growth, solar surplus, and assured power post-2028 are cited. Developers risk bank guarantee forfeiture. Officials are exploring solutions to align bids with demand and ensure project execution.