The renewables sector in India is starting to attract big inflows of international capital. The federal government, however, is trying a new fix for an old problem. By John Arbouw.
Solar Energy Corporation of India (SECI) extended the bid deadline to December 5 for its 1.2GW wind tender. The projects will be delivered on a build-own-operate (BOO) basis.
KKR is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group in a deal worth US$230m–$250m. KKR is also in talks to buy Hyderabad-based Mytrah Energy for around US$750m. The combined deals will give KKR a 2GW portfolio.
The Damodar Valley Corporation (DVC) is asking for bids to develop 50MW of grid-connected solar projects. The projects are to be developed in the design-build-operate-transfer (DBOT) mode at Panchet in the state of Jharkhand.
Zurich Airport International AG has won the bidding to develop and operate the US$2bn Jewar airport for 40 years.