3 developers call off NTPC’s solar contracts over regulatory delays3 min read 28 Jan 2020, 11:37 PM IST
Acme Solar, Azure Power, Shapoorji Pallonji Infra Capital have terminated their power purchase pacts
Firms took part in interstate transmission system-connected solar auction conducted by NTPC
Solar power contracts of three major power plant developers with state-run NTPC Ltd have been cancelled due to delays in regulatory approvals, potentially disrupting India’s clean energy trajectory by knocking 1,400MW off it.
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